I have noted the exchanges on the size of our first shipment. There have been some concerns about the size of the shipment. I note the company mentions FOB. This is reference to the material being free on Board. We are not told where the material is being shipped to for processing I recall in a previous job that some ports were unable to handle containers with weight over say 17 tonne, this may be the case here. Maybe this container has been packed to the max capacity of port of unloading and this shipment size could be the norm for the future. Does anyone know where the ore is being processed, China, Vietnam or Japan? As a small point I would like to see future ASX anouncments provide more detail to current happenings. Maybe less focus on plans two years out.
CNQ Price at posting:
10.0¢ Sentiment: LT Sell Disclosure: Held
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