trading halt changes at cockatoo ?, page-40

Redned71
Firstly, you can get an idea of the grades from the orelogy report.
It is much too early to consider trans-ship facilities for Cockatoo so no point issuing a trading halt to advise that hopefully in years to come we will trans-ship.

For trans-shipment to be viable, PLV need a reasonable mine life in order provide continuity that would justify a contractor's capital expenditure on trans-ship barge facilities.

From previous readings PLV would be aiming at trans-shipping 3-4Mt p/a over many years.

Interestingly enough, the provider of trans-ship facilities for the Irvine project was (maybe still is) TIMEONE/WEG. Timeone would provide, at an arm's length commercial rate, barging and trans-shipment facilities and services.

I am advised that the current Cockatoo shiploader facilities cannot handle more than 3 (handymax? 43,000 t) ships per month.