SDL sundance resources limited
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Think their long-term IO cost is US$58/t looking at last...

  1. theone
    898 Posts.
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    30/04/15
    11:57
    Post #: 15188195
    Think their long-term IO cost is US$58/t looking at last presentation in Feb...just can't see IO price maintaining this forecast in 2019 and beyond...their loss making as it stands that's why they cant find the funding. Esp. if the big players FMG/Vale/RIO/BHP all have their costs reduced below $50/t...just cant see IO price rebounding in the future...SDL will be in trouble.
    SDL Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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