General Discussion Topics, page-135584

HOW MUCH MORE THIS SYA BOD/MGMT ARE GOING TO MAKE A FOOL OUT OF THE SHAREHOLDERS, CANADIAN GOVT., AU GOVT.???
HOW RECKLESS IS THIS BOD?

The following is an excerpt from an online article for cost of fuel for a cargo shipping vessel from 2018:
Fuel Costs in Ocean Shipping - More Than Shipping

How much does it really cost to keep these vessels going?

Fuel costs represent as much as 50-60% of total ship operating costs, depending on the type of ship and service. Ocean carriers are required to recover these costs to maintain levels of service, meaning the price of shipping goods will continue to face upward pressures.

To illustrate the effect of rising fuel costs, consider the following example of a large modern container vessel used in Trans-Pacific trade, with an actual, maximum container capacity of 7,750 TEUs (twenty foot equivalents) or 3,875 FEUs (forty foot equivalents.) With the cost of bunker fuel at $552 per ton, and with fuel consumption of 217 tons per day, a single 28-day round trip voyage for this one vessel would produce a fuel bill of $3,353,952.This number could be greater for a number of reasons, such as if the voyage were more than 14 days long, or if the vessel were smaller and less fuel-efficient per container, or if scheduling delays required the vessel to speed up to stay on-schedule.

The current price of bunker fuel is approx. $650 on an avg.

Approx. $650 x 217 tons per day fuel consumption x 45 days of apprpx. travel time = $ 6,347,250.
Yes, the approx. cost of per load of spod shipped from SYA Quebec to China is $6,000,000+
I will say more.
How many trips are they making to china?
How much capital will be required to get the carbonate plant up and running?
What a waste of resources and time.