Onslow Transhipping, page-1001

Thanks Stonedfish;
They did 4 yesterday, for some reason Peak and Coolibah took a long time to load. On the bright side Peak headed straight out after loading, which i think is the first time ever, so she's ready to reload.

They have done 1 so far today, with 1 loading, and 3 waiting to reload. So i'm interested in what they can do today.
Rate average is 35.3 m tonnes over the last 12 days and 32.8 m t average over June so far

Iron ore down, and Aus $ up, both slight negatives.

My guess is they should average 5 per day from now to the end of June, weather forecast is consistent and good through to July 1.

	MinRes Onslow estimated EBITDA per tonne Aus $ (mining + mining services)						30.8
	Date since	Total days	Rate shipped per day tonnes	Total transhipper unloads	Total shipped (tonnes million)	Rate per year(million tonnes)	Free cash flowFY 26 Onslow(FOB AUD 58), $ m
	05-May-25	51.5	76505	197	3.94	27.9	$861
	11-May-25	45.5	79121	180	3.6	28.9	$891
	20-May-25	36.5	80548	147	2.94	29.4	$907
	01-Jun-25	24.5	89796	110	2.2	32.8	$1,011
	Current	12	96667	58	1.16	35.3	$1,088
	Free cash flow (FCF) estimates (entire business)
		Fy 26	Fy 27	Fy 28	Mkt cap $ m
	FCF $ m	1094	1318	816	4172
	Price/FCF	3.8	3.2	5.1	FCF % of mkt cap (Fy 26 to 28)
					77%
	Unloads by Transhipper since 5 May 2025						Iron Ore price US$
	Airlie	Coolibah	Montebello	Rosily	Peak		$92.90
	47	48	45	48	8.5