SDL
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0.00% 0.6¢ sundance resources limited

I agree SDL's iron ore deposit is a great asset, but huge capex...

  1. 8horse
    34,338 Posts.
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    16/02/17
    19:41
    Post #: 22680326
    I agree SDL's iron ore deposit is a great asset, but huge capex for infrastructure is an issue.
    This one is very similar to another coking coal listed company which has great coking coal deposit but requiring huge capex for Rail.

    But for a speculative stock, whether it can go to production, might not be current focus, valuation can be lifted if the market is frenzy about iron ore again.
    SDL Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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