expansion

can't believe all you posters are so quiet thought this forum would be abuzz with posts now the board has approved the $300mill port expansion project to start immediately due for completion in 12 months this will mean a huge increase in production,also board to vote in NOV on $560 mill expansion for additional train unloader and stacker circuit this will be a formality as once you have 2 outload circuits you need additional inload capacity,currently 1 dumper has a 64 million tonne/year capacity. with an annualized out load capacity at present(1 shiploader) of around 50 million,so once the second shiploader is operational in 12 months the 2nd dumper will have to be built to feed the port,basiclly doubling present production,lets hope the SP follows suit.