@Pihrana where are you getting these indications on the production runrate? I read the entire prospectus, HY report and presentation and while they talk often about a production timeline of Jun Quarter 2021 they don't mention a runrate anywhere. The recent announcement on the port capacity and trucking contracts is a classic here - they mention 35,000 tonnes per shipment but nothing as to how frequent the shipments are likely to be.
Given the heavy backwardation of the iron ore curve and the volatility of iron ore prices this is a big swing factor for me. Ideally management would be ready to ship as many tonnes as quickly as possible to maximise short term revenue. The different between 500ktpa and 1Mtpa here is significant.
TI1 Price at posting:
7.0¢ Sentiment: Buy Disclosure: Not Held
(20min delay)