Well the Wen De is out the door loaded with Ore - 15 days after...

Well the Wen De is out the door loaded with Ore - 15 days after QC Matilde (I'd think held up due to the bad weather) .
The next ship is due in around the10th, so if that happens and 2 days to load - it would be 6 days between the two. Plenty of time to get a third ship in for August to make good profit on the average July IO price.

Time intervals between ships have been steadily going in the right direction as per Mgt guidance which is great to see.
We had 4 ships last qtr. New Honor will make it our third ship and we're only half way though the qtr.

• Mine trucking started on 24th Dec
• PanAfrican departed on 9th Feb (57 days)
• Marinicki departed on the 24th Mar (43 days)
• Ballard departed on the 24th April (4 or so days late due to cyclone)) - 30 days
• Banasol departed 16th May (22 days)
• YARRAWONGA departed on the 13th June (28 days)
• DARYA MA departed 27th June (14 days)
• QC MATILDE to departed 22 July (25 days).
• WEN DE to depart on the 6 Aug (15 days) - bad weather held up loading of ships in front.
• New Honor to depart on the ~12th August? (6 days)