GBG 0.00% 2.6¢ gindalbie metals ltd

Samson, At this rate there should be 25 ships out by 28 Feb....

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    Samson,

    At this rate there should be 25 ships out by 28 Feb. (remember Feb short month so lose 1 ship).

    The quarterly rate has been:
    Sept 2016 1 ship every 3.03 days
    Dec 2016 1 ship every 2.39 days (great improvement)
    So far this Mar 2016 1 ship every 2.36 days.

    I had projected at end of December 2016 that full year figures might be like this:
    Sept 2016 - 30 ships
    Dec 2016 - 38 ships
    Mar 2017 - 42 ships and
    Jun 2017 - 42 ships.
    For a total of 152 ships for 9.12m tonnes.

    But unsure whether this will happen. If we are lucky maybe 150 ships for 9m tonnes.

    That is why I raised the apparent slow down in ships in line at Geraldton.
 
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