pingaling - look at the AGM presentation from novemeber and there's a diagram showing the freight advantages to the major markets.
Yes barge loading is more costly and time consuming than convential loading but considering rey has sole access rights to the port that already has loading facilities REY is in a very lucky and advantageous position.
I know for a fact that cape sized vessels cost 40k a day to rent and there's atleast a 3 or 4 day advantage to india and even longer to china.
whc will ship 2mt in 2010, page-4
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