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Iron Ore’s Meltdown Raises Questions About Miners, page-7

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Barkston

956 Posts.

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03/04/15

19:37

Post #: 15033821
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Originally posted by ibis89 ↑

If they actually do squeeze a lot of other smaller miners (which are currently operating) out of business I wouldn't be surprised if one of either BHP, RIO etc. try's to nab SDL with a cheap take over.
Makes sense...
They have the money to build SDL then all they have to do is sit on SDL for the next few years until the ironore price goes up to their liking. Then they have another fantastic money making sandpit to play with with not much competition.

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That doesn't make sense.

They both have ten billion plus DSO tonnes to plug into existing infrastructure to go to Asia. SDL misses on all these points

Greenfields IO is now dead. Even the better opportunities like SDL

SDL Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Iron Ore’s Meltdown Raises Questions About Miners, page-7

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