IMO, the statement by GJ sums up what the bidders have been thinking and are thinking as they tough it out in the final showdown to win the last high-grade, low-cost, long-life Iron ore asset in the world that is ready-to-go and has regional consolidation value for the players involved.
....The interest shown by GOBAL companies WAITING to be a part of this Project has been outstanding. They FULLY appreciate the WORLD-CLASS quality of the resource, the LOW production cost and the FIRST-MOVER advantage associated with Mlabam-Nabeba......
Not sure if SDL holders are dying to get out?
Well, we have already seen what even a tier-2 not-quite-world-class 15MTA pellet operation (IOC) is valued at $6B !
Good LUCKY to Sundance shareholders.
SDL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
