davo77 Hi i agree with you it is the long term that the buyers of iron ore are looking at, SDL has good grade and a very large deposit with low on board cost.The wise customers will be looking for a new supplier after last years negotiations and the attitude of BHP and RIO.If they cut the price to say 60 or maybe even 50 dollars a tonne SDL can still make a profit, it may start to squeeze the other smaller suppliers. Good luck with AXM
drilling, page-37
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