Thanks- do we know when port acquired those telestackers? - I know Bingo mentioned those 2 in a post here recently
maybe they need to put you on the staff since they dont have much production experience apart from CWRN yet and havent shipped til now-if Agios is CWRN ore
how much cost would storing ore near port and handling twice add?
of course a shiploading station only 9 miles from CWRN would be ideal, as planned, but until then...............................
if they have enough trucks they could,from the calculations posted before,truck a Panamax in 3 weeks,bu they havent done that yet
trucked 23000 tons other inventory (last PR) in short order once the court ordered the port to release CWRN's ore
problem w previous ore at port is govt prematurely cancelled all 2011 permits just before CWRN was to ship 12-21-11 and then added new audits in2012 which took months to pass and many co's couldnt pass
from Navial pdf posted by jmbar on another board and posted here also Brad has acquired a huge 1.2 million acre concession empire since at least 2008
and has systematically been buying up the relatively small in-holdings
we've seen from their website their huge shipping plans,with a planned ship station by 2014-plan on Capesize ships -as with everything plans are behind schedule,but one does not acquire such an empire without expected follow thru
until they bought controlling interest in CWRN, they had a NI 41-101 (tired -forget exact number) and had started operations next to CWRN- graphic as posted by madflight- and had had an incipient JV themselves but said jv partner could not follow thru because jv partner had no money-
Acquiring such a huge empire since at least 2008, he has to have his own contacts for potential customers,some of whom he may have promised ore-which if the ore is CWRN's (we dont know of any other iron production operations within Ensenadas port radius but there could be something new-
Sunny, what does Geo have in the way of nearby concessions ?? Iwill post this separately so you see it)
so if Agios is CWRN's ore,would be less surprising if it was going to Italy,where he may have promised 1st dibs-would have to go thru Panama canal- and Agios can -and is near the largest size that could-generally DWT to ca 75000 or so w useful load up to ca 72000 tons
extrapolating from scant info I did have the feeling Brad wanted to add other countries to the permit besides India, USA and China,
so that could explain the wait for another ship,as permit process moves very slow -took months just for extra audits in 2012, due to illegal mines- govts really get bad tempered and obsessed when they lose a cent of tax revenue and Mexico does need the revenue as Kubi has pointed out, so they can buy toilet paper for the bathrooms-thus the new 7.5% EBITDA royalty tax passed in October- double taxation-tax before and after EBITDA
havent researched Italy in the scheme of iron importation-has anybody else?
maybe they need to put you on the staff since they dont have much production experience apart from CWRN yet and havent shipped til now-if Agios is CWRN ore
how much cost would storing ore near port and handling twice add?
of course a shiploading station only 9 miles from CWRN would be ideal, as planned, but until then...............................
if they have enough trucks they could,from the calculations posted before,truck a Panamax in 3 weeks,bu they havent done that yet
trucked 23000 tons other inventory (last PR) in short order once the court ordered the port to release CWRN's ore
problem w previous ore at port is govt prematurely cancelled all 2011 permits just before CWRN was to ship 12-21-11 and then added new audits in2012 which took months to pass and many co's couldnt pass
from Navial pdf posted by jmbar on another board and posted here also Brad has acquired a huge 1.2 million acre concession empire since at least 2008
and has systematically been buying up the relatively small in-holdings
we've seen from their website their huge shipping plans,with a planned ship station by 2014-plan on Capesize ships -as with everything plans are behind schedule,but one does not acquire such an empire without expected follow thru
until they bought controlling interest in CWRN, they had a NI 41-101 (tired -forget exact number) and had started operations next to CWRN- graphic as posted by madflight- and had had an incipient JV themselves but said jv partner could not follow thru because jv partner had no money-
Acquiring such a huge empire since at least 2008, he has to have his own contacts for potential customers,some of whom he may have promised ore-which if the ore is CWRN's (we dont know of any other iron production operations within Ensenadas port radius but there could be something new-
Sunny, what does Geo have in the way of nearby concessions ?? Iwill post this separately so you see it)
so if Agios is CWRN's ore,would be less surprising if it was going to Italy,where he may have promised 1st dibs-would have to go thru Panama canal- and Agios can -and is near the largest size that could-generally DWT to ca 75000 or so w useful load up to ca 72000 tons
extrapolating from scant info I did have the feeling Brad wanted to add other countries to the permit besides India, USA and China,
so that could explain the wait for another ship,as permit process moves very slow -took months just for extra audits in 2012, due to illegal mines- govts really get bad tempered and obsessed when they lose a cent of tax revenue and Mexico does need the revenue as Kubi has pointed out, so they can buy toilet paper for the bathrooms-thus the new 7.5% EBITDA royalty tax passed in October- double taxation-tax before and after EBITDA
havent researched Italy in the scheme of iron importation-has anybody else?
