SHD 0.00% 2.7¢ sherwin iron limited

wet season and 2nd shipment

  1. 1,092 Posts.
    It seems like the wet season is almost here so all mining will come to a stop at roper bar in the coming month/s until easter 2014.

    From the last update 20,000 tonnes was stock piled at Darwin port so they should be able get the second shipment away but not sure about the 3rd before the rain sets in.

    I agree this company has a great future but i for one will be buying back in mid next year post a capital raising....

    They won't have enough cash to get full scale mining up and running and zero cash after this next shipment which should be due to leave port in the next few weeks.

    I would love to hear any comments if anyone went to the AGM last Friday?
 
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