CLE DMM

Ann: CFE: Take-over offer for DMC Mining , page-11

  1. westcott
    8,602 Posts.
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    23/03/10
    14:10
    Post #: 6485580
    Hi (loulouhaha)

    I am not taking sides,but take a look at what it has cost SDL so far to get where they are at.
    Around $100 million+ and more to spend with out any infrastructure cost's structured in.
    I know a rail line is close bye,but will have to pay to use.Mine plant set up of many hundreds of millions,most probably one billion plus to process Itabirite.

    Where will they get the money to do this?

    Regards
    Westcott.
    DMM Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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