Not sure about the high cost producers flooding back in again if iron ore prices go up.
Once they have gone broke, No chance they will come back again with a high cost project.
This is all about getting rid of All None Financially viable projects at these lower iron ore prices. Why would these high cost Projects get Finance to start up again to then find RIO & BHP do the same thing again. Once gone that will be it I believe.
No others to share their Rail & Port Infrastructure with. No opposition blocking the roads across the Pilbara with trucks.
Total Control of The Pilbara is what RIO & BHP are after. They will smash FMG & Hancock if they can.
SDL with a twin Rail Line system & bigger Low Cost Port Infrastructure could build up to 100Mtpa of their own Iron Ore or more in 8 to 10 years from start of export starting.
That is a Fact, not an opinion.
Regards
Westcott.
SDL Price at posting:
2.5¢ Sentiment: None Disclosure: Held
