........just goes to show how you can be misled by misunderstanding & believing what's posted on these boards .... for some clarity..... there is NO JV between KDNC & EMH as indicated by sharetalk ... KDNC holds a stake in EMH's sharecap no more no less ..... no less for now at least!!
.... OK.. so to shift 1.29MT by 45k vessels (assuming we don't go for larger now we can) will be 31 sailings at 2-3 loads every 2 months so at worst about 15 months to clear before looking for more feedstock....
Jeez MLQ maths doesn't seem to be one of your strong points LoL 3 x 45k is 135k not 1.39m .... also where do you get that things need to be completed in 56 days... the ore shipments will be on going whilst stocks are available....
...... Indeed Mr Li ... difference, in my opinion, is that my grumps & venting is generally aimed at the BoD & company & I'm more than happy to join in the general chit chat & pass the time jesting with others here whilst we wait for better times...... as part of my 'fun day out' I also enjoy winding up & baiting some as well on the odd occasion that I feel like it :-))
.... ah MLQ.... are you trying to draw out the Grumpy puritanicals who only want to allow Fe & Li & company related chat & links here ..... probably safe for now as most of the Dills are probably still jerkin a gherkin .... apart from Mr Li of course whose awake fretting over his £3k paper loss :-))
MLQ...... unfortunately as I've previously indicated I don't believe much about what's said about timeframes of when things are 'expected' to happen, originally shipment was supposed to commence last year if you recall & now I don't believe shipments will commence until after the signing & formalisation of the Banks agreement so for me probably 4-5 weeks into Q4 earliest.....
I tend to believe what KDNC RNS's state when they're in past tense referring to what has happened rather than what is planned or scheduled & don't believe much of what's said in interviews if I can see lips moving.
Having said that I'm still happy with the progress & potential of Amapa as well as the deal structure & safeguards - assuming nothing trips us up & throws us overboard before we move to our initial 20%
....best guess from me...... minimum 4 days but probably 5 including docking, preparation, loading, balancing prepping & getting underway again ..... and ..... it is a guess based on what experience/knowledge I have & they do seem to be using both docks currently.
RE: With the majority of sells at the22 Sep 2020 12:24
Derrr ..... the next bloody moon will be red(dish) of course!! .... Which is not until May 26th next year so hopefully our 'imminent' good news will have arrived by then..... By the way ....... you were the one who started the conversation about what YOU were having for dinner ... how would Frankie know what you're having so why would anyone ask her.... cor some people!!
Is it a lemon posset with sour cherries for dessert after the sauerkraut? LoL
RE: With the majority of sells at the22 Sep 2020 11:20
..... yeah wake up & smell the roses Mr L ... stop whining about your current £3k paper loss ... the price you bought them at means that 'imminenet' good news will see you in profit a lot quicker than many here ... stop crying LoL :-)