Good post. Do you know how many tons they get on each ship? How long on average to load one of these ships from a barge?
To get to their 3mt per year they would need to ship 250kt per month so 1 ship a week at 60kt approx. Are they on target?
I tried emailing and calling the company when the first ship was in port but got no response so sold most of my shares. I still believe they can make this work but its all about the barging…..seems to be the bottleneck at the moment.
WDR Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
