Im pretty optimistic about the prospects of Sundance myself, but...

Im pretty optimistic about the prospects of Sundance myself, but I think people are getting ahead of themselves.

They still have to build a port, and 250km of railway track just in order to get their product off the continent. Not to mention the cost of starting a new mine.

Any number of things could hold this project up, and with a production date at least 2 years away, the amount of new iron ore mines coming on stream could lower the profit margin before it even gets off the ground.

Just my opinion.