Iron ore projected exports, page-40

From an export point of view KML not protecting us.

Look like the export quantities this FY are dropping.

As 31 August 2017 there have been 22 ships (incl a ship on 1 Sept at 5am) which have departed Geraldton.

This an annual rate of 7.92m tonnes. About a 6.4% drop on last years exports.

But rate doesn't look good for Sept 2017.

Unless things turnaround I expect a 11% drop from last year.

And when average August price for 65.3% IO was AUD$99.77 - a near break even price.

July average $AUD88.87.