MGX 1.20% 41.0¢ mount gibson iron limited

Ship tracking thread - only. Reading is optional, page-10

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    Yangtze Xing Zhong anchored in Yampi Sound, off Koolan around 4pm yesterday, Perth time. This morning she is observed moving onto the loader.

    No other bulk carriers inbound to Koolan have been detected at this time. It is unlikely that another ship will get here and be loaded and away before the end of the month. So now the equation is 10 more ships required to be loaded and gone in two months, say 9 weeks, to meet guidance. Seems unlikely. It seems inevitable that there will be another downgrade coming in the quarterly.
 
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