new forecast, page-11

First 11 Last

Share
Profile

Follow
westcott

8,602 Posts.

40

15/01/15

13:16

Post #: 14588375
Share

Originally posted by squidd ↑

Yes, Citi predicting $58p/t in 2015 and $62p/t in 2016. Tough going for IO hopefuls looking for finance.

While the IO price obviously does not affect SDL as it is not a producer, it does certainly affect overall sector sentiment and the willingness of third parties to commit billions of dollars to a new greenfield African project when the over supply is so great and the future is uncertain.

SDL's quarterly cash flow will make for interesting reading. I'm guessing that they will have spent less than what was budgeted for in December 2014 due to cost cutting measures, but the amount of savings will be what I'm looking to see.

On top of that, the budgeted cashflow for the March 2015 quarter will also be of note. It should give some indication as to how long SDL might be able to hold off before another CR of some sort is needed.

Good luck!

Expand

Hi Squidd.

With those Citi predicted iron ore prices there will be a 150 to 200Mtpa less iron ore for sale from FMG into the market. Also others closing projects of iron ore production into the market.

Regards
Westcott.

SDL Price at posting: 3.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Unemployment expectations correctly called today's 4.3% rate

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

GDM

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

ASX Market Close: Pretty boring day, but we're back in the 8,600s

First 11 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

new forecast, page-11

Top Stories

Unemployment expectations correctly called today's 4.3% rate

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

ASX Market Close: Pretty boring day, but we're back in the 8,600s

Featured News