I normally like your posts, but the figures you have used are completely fabricated as SDL is not 100mtpa mine for 4.6 Billion CAPEX. Any new posters, please do not listen to what has been said.
Also, SDLs little mine would not affect iron ore prices one bit in the market. That?s why BHP, RIO and Vale dont care. People read these posts and think SDL is going to be the best investment in the world. SDL will be providing less than 1% of iron ore supply worldwide on an annual basis, it has no affect on supply.
It has the potential to be a low cost producer, that is all.
SDL Price at posting:
52.2¢ Sentiment: Hold Disclosure: Held