Bashers control the discussion w 1 shout fire after another-so their posts need to be INDIRECTLY rebutted WHEN necessary-they r sometimes just fishing--dont respond most of the time directly to their posts for paid bashers get paid 5-7 dollars for every post that directly replies (links) to their post-which brings their post to peoples attention a 2nd time -see Max 's trading tips 101 posts 40, 86,and 117. So if the need is apparent I post a NEW post and simply list rebuttal facts without usually referring to basher/post (which could earn a tou deletion anyway)
Bob reported CWRN got paid in DEC for 3rd and 4th orders-probably by Bao -who had an interest in CWRN ramping up new production via new machinery -which we keep seeing in the pics-
which is how CWRN is buying the new machinery-D8's and cat 740's (800k new) and trommels(1.5 million new-cwrn trommel wasnt new but was heavily customized w heavy duty engine/belts etc) and Terex 400 etc arent cheap or free-but all the new equipment will raise production many fold.
Bao would not be interested in a company w only the 134526 tons sold the 1st year of production.
Bob 1st reported paid for 3rd order in Dec to rrr1-which is also why Bob said they had plenty of money.
5th order has been trucked since at least ca Mar 19.
1 of the most difficult things about shipping -especially across the Pacific Ocean- is to find a bulk cargo to return from Asia to the west coast so they dont have an empty ship on return- didnt have to deal w that before because CWRN only had 1 way voyages before but Bao would probably be leasing on along term basis or using a Bao owned ship on a regular round circuit run w CWRN.
That they have this problem is another indication of growth-for they couldnt even consider a round trip circuit before -let alone w a Panamax-so put your thinking caps on guys
Theres enough inventory and production to run a Panamax on a circuit but they would be looking for a reliable regular bulk cargo in Asia for the return to CWRN leg of the circuit-crossing time is ca 20 days so w ship loading /turn around etc and leg to some point in Asia to pick up return cargo, such a tasked ship could be arriving at CWRN for another Panamax size load every 60 days once they iron out these logistics.
Simple logic. Dont know if this is the case but u have to list possible simple logical reasons in the fear induced climate of psychotic basher heaven-bashers arent using logic and they usually know they are misrepresenting- so at least use logic to refute until we have direct answers from CWRN re all the potboilers sky is falling scenarios.
They may be having trouble finding a bulk cargo to return-for Asia is the imperialist now -which means the bulk cargoes go to Asia -Asia refines them and gets the profit from said refining-and ships refined production to Americas etc-- for as Bob emailed somebody else Mar 12 -and email was posted -Bob expected ship in late March -when 5th order was still being trucked.
Simple decision analysis -u look for the simplest answer 1st -unlike those who profit from a pps fall and immediately shout an apocalyptic fire.
CWRN has all the permits-which prove taxes are paid -and Bob essentially confirmed taxes were paid by showing the rfc permit in answer to that question- for that was the entire reason for the permit process-to catch illegal non taxpaying mines-which are on the wild west Southern Mexican mainland run by cartels.
Ever since the presumed NDA went into effect in Dec info re shipping (other than in emails-which r usually not prohibited by an NDA but can be if directly on point re a specific) has been relatively scarce and if problem is on Baos end in getting a ship -since shipping was turned over to Bao-what can Bob say about it without offending Bao? Hopefully Bob will say something about shipping soon to the extent he can to assuage the typical sky is falling mentality.
