GBG 0.00% 2.6¢ gindalbie metals ltd

KML sent 30 shiploads of Hematite out during Sept 2017 quarter....

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    KML sent 30 shiploads of Hematite out during Sept 2017 quarter.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    1
    2013

    2014

    2015

    2016

    2017

    2 Sept Qrtr
    30

    35

    40

    31

    30

    3 Dec Qrtr
    37

    43

    40

    38


    4 Mar Qrtr
    38

    40

    36

    37


    5 June Qrtr
    34

    42

    30

    37


    6 TOTAL
    139

    160

    146

    143


    Note: first exports started in 1 Oct 2012 so have ignored the first 12 month ramp-up.

    The total for Sept quarter is in line with last year, but less than 2014 and 2015.

    Note: 2014 had quite an amount of DSO.

    While it is difficult to predict, it appears Oct quarter may be up to 39 ships on current trend (so far 10 ships expected in 23 days), but anything could happen.

    Price of Fe down to $US57.80 overnight or $AUD74.17. Hopefully KML high grade will not be as smashed as this.
    Last edited by The Mole: 12/10/17
 
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