OK Name the iron ore projects in Africa that has the (High Grade DSO) in the amount that SDL has (found so far) in a small fraction of drilling of its tenements. There are some,but it will be interesting to see your list of the others.
Name the iron ore projects that have as high a low grade Iron Ore as SDL has. SDL has Itabirite,not Magnetite.
In naming the others also give a list not only of the amount of tonnes of lower grade iron ore,but also the ratio of waste to iron ore in each tonne. We need that to see the amount of iron ore they end up with after the waste is taken out of the ore. That will then give us a true iron ore figure for export.
One other thing we will want to know and that is what percentage Fe the iron ore will be after benificiation is done. Don't forget each extra %Fe is worth extra Dollars when selling.
That's a good start anyway.
Regards Westcott.
SDL Price at posting:
8.8¢ Sentiment: None Disclosure: Held