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Cotton & Western Mining In CWRN
Posted On: 09/16/2014 10:42:33 AM
Post# of 8059
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Posted By: microcaps
Re: mediscience #6939
if there is a ship-loading station there -last i knew said port was stopped by opposition

all we have is logic

new navial april 7a web version u discovered said erendira ship station- originally scheduled for this year was put off for 3 or more years -which tells me brad didnt expect any major port problems

most of the ships are merely designated by ship line -like the tokyo line-and japan is 2nd largest iron importer -
so ships could be going out w iron without knowing it- though previous shipments were not designated by shipline- but if brad has a non-Bao buyer it could be

though it sounded like he was waiting for price to rise-which it may some but not enough imo to justify waiting, given what should be large inventory-and what about 200k tons fert etc which should not be much affected by iron prices

as of april they had all permits as per navial website so why get permits without shipping? the price gyrations this year were not unexpected as of april

unless negotiations are taking much longer than expected for a long term contract and they are having problems w shipping sharks or port as bob did















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