45c less 32.5c = 38.5%, page-12

DRS, I don't understand your post so I can't even accept or reject your "realities". What are they ?

The price of Sundance is ultimately what the People's Republic of China is willing to pay (in a FINAL OFFER DECLARATION) for it to serve it's long-term strategic needs in obtaning a long-life, low-cost and massive scale resource in providing her security of supply and (in the words of the HanLong chief) allow China a SAY in global IO price negotiations (current China has NO SAY WHATSOEVER).

See, the moment the fun and games with the start-stop buying is over, the IO price goes through the roof.

Why so much pleading for a YES vote among the small-time retail muppets on Hotcopper when we are told (as-a-matter-of-fact) the hedge funds will all vote YES. What's the point with all this repeated "dream on", "it won't change", "45 cents and it's over", "$200/t means nothing".

Who's the audience ??