Inside page of today's SMH Business touches on that very thing.
Boasteel's Chairman believes IO prices will inevitably come down. Think we all know that will happen.
The reporter goes on to say that there are Explorer/Producers out there that will ride it out in the $80-$90 pt days that are coming.
Well at $80-$90 pt SDL actually look better than DFS figures project.
$80-$90 pt is brilliant for SDL...bring it on!
Capex could be paid back in less than 2 years at that price.
The 'predicted' lower IO prices are actually an improvement on the $63 pt used in DFS, and makes SDL's financials look significantly better!
Just gotta get the stuff out of the ground!
negative remarks regarding iron ore , page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)