I'd suggest that majority of GRR's Q4 shipments will be under the Shagang annual 1 mt offtake agreement. IMO the 65%FE pellet premium / demand outlook over next 6 months should provide GRR management will the opportunity to readily ship all pellet production at great margins. 6-10 ships for quarter will deliver a full year (Dec 2018) profit north of $160m. Next vessel SDTR Bellona is now in Australian waters and should be at Port Latta to load early next week.
I'd suggest that majority of GRR's Q4 shipments will be under...
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