GWR 1.30% 7.6¢ gwr group limited

Calm the farm, page-21

  1. 2,215 Posts.
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    Just been doing the re reading thing.
    Last announcement regarding completion of loading.

    C4 Stage 1 mining activities continue on site with High-Grade lump and fines
    product being stockpiled at the Port of Geraldton Site 88 location, and
    shipments are now targeted to continue each monthin accordance with
    GWRs offtake agreement
    with Hong Kong Trader, Pacific Minerals.

    I made the assumption that shipments were being reduced to one a month as with the underlined in the above paragraph.
    But reading the bold in accordance with offtake agreement implies that shipment will continue monthly to complete 1mt/y.
    and
    QEM contract
    Haulage Contractor QEM Group Australia Pty Ltd (QEM) will continue to
    ramp up the number of truck required to meet complete Stage 1 within 12
    months.
    So we ramping up and I can see now a ship early march and getting to the 3 ships per 2 month schedule required.
    2 ships for march and we on track
 
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