SHD 0.00% 2.7¢ sherwin iron limited

See the last ASX announcement as per below.Ship should leave...

  1. 1,092 Posts.
    See the last ASX announcement as per below.

    Ship should leave Darwin port this or next week, Iron ore price still $139 USD and AUD just under 90 US cents.


    Progress of Bulk Shipping
    Production at the Sherwin Iron Roper River mine site is progressing satisfactorily. As at the end of yesterday, a total of 64,725 tonnes at 59.5% Fe had been extracted. A total 15,489 tonnes of fines had been delivered to the Company’s stockpile facility at the Darwin Port. The first export shipment from Darwin Port is expected to be made in the first week of September.

    This shipment will be a major milestone for SHD and it's cash position, you would think the next shipment will be loaded quicker with logistic system from mine to port worked out.
 
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Currently unlisted public company.

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