SDL 0.00% 0.6¢ sundance resources limited

Ann: Company Update - January 2018, page-72

  1. 16,372 Posts.
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    Forecast iron ore prices for 2018/19 expected to be much lower and back under US$50/t , this will make funding difficult but not impossible as the chinese are mostly after the ore and not the profits , bringing down the iron ore price is their number one priority.

    SDL ownership of Cam Iron could drop to only 37.5%

    Stage 1 ore delivered to China $28/t including $16/t for rail and port capital charge is US $44 where forecast iron ore is headed.

    Im guessing they get extension but really don't see any rerate short term.
 
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Currently unlisted public company.

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