Hello. MGT will issue their DFS soon. Another company is ADN (which I have done heavy DD on). ADN are trucking by road most of the way to port then appear to be paying for shipping as far as Europe. (Bowmans is 100km from Port Adelaide). I confirmed with ADN they are paying for shipping (because they reduced LOM revenue by around $1 billion in a recent presentation because Traxys will pay for their own shopping). ADN's logistic costs in their 24/8/23 DFS come to A$235/t. In summary, I think PTR A$100/t by rail & ship vs ADN A$235/t by road & ship sounds reasonable. Note: as posted, SFX are currently at A$69/t for 190km of road. If ADN is an average of 330km by road to port; that would equate to $120/t simply for the costs to port. This leave $115/t for shipping including to Europe and other costs. However, if we read below, ADN must use food grade containers and vary the size of their shipping. Plus ADN must bag the product at site. Obviously ADN's costs will be higher than mere bulk shipping.
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