ADY admiralty resources nl.

io production, page-5

  1. 755 Posts.
    lightbulb Created with Sketch. 4
    pinched from someone...but worth asking!

    Errrr....

    From announcement dated 18th Feb: there was supposedly 190000T of ore stockpiled at the port and mine.

    * MV Hellenic Horizon took 43000T on the 21st Feb
    * MV Bright Bulker took 49500T on the 22nd March.

    190000T minus 43000T minus 49500T = about 97000T

    The stockpile was then about 120000T. So apparent production of 23000T in a little under a month.

    Announcement today:

    * Madarin Moon will load 40000T, leaving 39000T stockpiled at the port and mine.

    Doesn't that mean there was 79000T stockpiled as of yesterday?

    Doesn't that mean that in 3 weeks of production, iron ore stockpiles have mysteriously decreased by 41000T for no apparent reason?

    This is dodgy!!!
 
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