Thanks Back Luck Jim. Very helpful analysis and points.
Mins have i think 220 k of storage at the port, so they should be able to keep hauling until early tomorrow morning i would think, given i think the port stocks are basically near zero when the transhippers are operating.
It will be interesting when the transhippers resume to see what pace they can go at to deplenish the port stock back to near zero.
It is a bit strange Mins choose the day of the analyst site visit to the port to stop the port operations!
I wonder how much of this stoppage was related to the near 10% intraday fall in the Mins share price yesterday.
If anyone gets broker updated reports today, can they please post them here on hotcopper.We need to know what the analysts are saying and importantly what they think and why.
Thanks for your contributions yesterday Ashbo. They were very helpful for us better understanding the negatives with the Haul Road.
Below is the latest shipping loading data assuming the operations haven't yet re-started and Airlie never got away yesterday.
I'll update if Stonedfish and or Windscreenbug provide further data on the port restarting.
| | | | | | | | |
| MinRes Onslow estimated EBITDA per tonne Aus $ (mining + mining services) | 33.5 | |
| 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 | 24.5 | 67755 | 83 | 1.66 | 24.7 | $829 | |
| 11-May-25 | 18.5 | 71351 | 66 | 1.32 | 26.1 | $873 | |
| 20-May-25 | 9.5 | 69474 | 33 | 0.66 | 25.4 | $850 | |
|
|
|
|
|
|
|
| |
| Unloads by Transhipper since 5 May 2025 |
|
|
| |
| Airlie | Coolibah | Montebello | Rosily |
|
|
| |
| 20 | 20 | 20 | 23 |
|
|
| |
| | | | | | | | |
(20min delay)