due to extra audits in 2012 it took til june 9,2012 to see the Qin Hai ship- Bao waited until they shipped finished product to LA so could return iron on return trip to save on shipping because steel has low margins
cant plan on ship til extra audits due to illegal mines are finished-in 2012 that was March - and then deal w ship sharks unless Bao or other buyer is arranging ship-such extra red tape is common among exporting countries due to high price of iron since 2008
Brads first turn at negotiating w Chinese (if he is rather than using another country) and shipping- sometimes like skydiving into a tornado without a parachute- not easy tasks
also arrange trucking for 1st time for Brad - 1st time w new renter is always more difficult
dont know what else,but still within the timeline this year considering those things,esp if negotiating a large long term contract which would imo make sense for both parties,especially w a large buyer
it does not make sense to be operating and have huge inventory w some kind of shelf life (despite ideal desert conditions) and not ship
I would think w cwrn acquisition navial would be focusing more on cwrn than kmg because cwrn is the only mine that has shipped that navial is involved with to our knowledge ,is good training for them and arms length cash flow for services and trade while their other incipient iron mine is apparently not producing income yet-
all indications are the mine is operating from eyewitness reports and navial website
they dont expect port problems or they wouldnt have delayed the planned ship station -see website/prev posts as prev reported
port will likely require a time limit for ore to sit there as space is finite and EIT2 focuses on containers-so likely wont truck til ship contractor time is set
cant plan on ship til extra audits due to illegal mines are finished-in 2012 that was March - and then deal w ship sharks unless Bao or other buyer is arranging ship-such extra red tape is common among exporting countries due to high price of iron since 2008
Brads first turn at negotiating w Chinese (if he is rather than using another country) and shipping- sometimes like skydiving into a tornado without a parachute- not easy tasks
also arrange trucking for 1st time for Brad - 1st time w new renter is always more difficult
dont know what else,but still within the timeline this year considering those things,esp if negotiating a large long term contract which would imo make sense for both parties,especially w a large buyer
it does not make sense to be operating and have huge inventory w some kind of shelf life (despite ideal desert conditions) and not ship
I would think w cwrn acquisition navial would be focusing more on cwrn than kmg because cwrn is the only mine that has shipped that navial is involved with to our knowledge ,is good training for them and arms length cash flow for services and trade while their other incipient iron mine is apparently not producing income yet-
all indications are the mine is operating from eyewitness reports and navial website
they dont expect port problems or they wouldnt have delayed the planned ship station -see website/prev posts as prev reported
port will likely require a time limit for ore to sit there as space is finite and EIT2 focuses on containers-so likely wont truck til ship contractor time is set
