Closing stockpiles for December were 24654t. More than double previous quarters. Apparently there has also been record days this quarter re. EGM. This would indicate they were sandbagging through out much of Dec till conditions such as transport and pricing improved. Volume is what they're looking for as far as shipments. Anythings possible but I'd hazard to guess there will be larger amount product to Port for quarter end reporting.
Also the below from the half yearly re transport costs.
Back on snooze and buying as I believe there will be a some rather big news drops over April.
mportantly, January 2023 has seen low shipping tenders coming through compared to what has been experienced since operational start-up, which has been adversely affected by various policies in place around quarantine periods. For the first time, the Company is experiencingshipping prices below USD $20/t for Panamax vessels, which is in line with the forecasts in the Pre-Feasibility Study (PFS) released in 2020.
E25 Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
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