PLS 6.18% $2.58 pilbara minerals limited

Indeed, Am watching for the reactivation of the GPS on the BUNUN...

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    Indeed, Am watching for the reactivation of the GPS on the BUNUN POWER once its underway again.
    Hasn,t been on since its arrival at the Isabel port in the Philippines some 8 days ago when anchoring and then berthing...Philippines area not serviced that well or the Captain has just turned it off........

    We know that the BUNUN POWER nipped in  to berth first to PH2 to load up both  the 19166 wmt Spodumene  and NCM Copper for Monson Agency.  The Agency has form over the years when it comes to co sharing the products &  the two Companies.
    We know the final destination is South Korea.....Another destination  may well be China on the way.

    No other producer based from Port Hedland has any off-taker  product exporting to South Korea currently using Monson Agency other than PLS  to our JV partner POSCO... We will know when the  destination Port in SK is announced as the usual Gwangyang .

    The only other  producer currently exporting from PH has no real capacity spare  other than them exporting the left over Wodgina stockpiles to China  from their ramp up  3 years ago since coming out of  C & M (About 23 K left  over from stockpiles went on  the next Carrier to arrive, Clipper Tarpon.
    That ship was flagged as MIN  product who use exclusively  the  SAS shipping Agency  to arrange.
    Will  certainly be watching what else they export in the future other than the usual  iron ores on those larger 250 m long vessels
 
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