SDL sundance resources limited

the short-sightedness of this deal, page-14

  1. 10,494 Posts.
    I am not interested in the BIG3 (who IMO would NEVER consider SDL for obvious reason that the lowest cost expansion is to keep digging as per SQUIDD's sound reasoning in this instance). The not the case with the likes of aspiring IO players Glencore/Xstrata and major non-Chinese steel mills who need to secure supply (Korean, Japanese, Indian....) or other private of state entities who want to invest in IO for commercial reasons.

    I am interested in your STATEMENT of why Sundance is a relatively expensive proposition compared to other options.

    I have alreday explained to you Sundance is a strategic deicsion on supply security and provided leverage on pricing - that is at a relatively small cost to exert a much larger outcome).

    Therefore, provide examples of where China can buy a COMPARABLE SIZE RESOURCE (own outright where it IS ALLOWED to build mine, rail, port) can bring in Chinese labor, Chinese material and having Chinese construction and engineering firms doing the lot.
 
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