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Nothing is for sure. But given Mbalam-Nabeba is the second...

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Praetor

1,694 Posts.

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01/06/20

10:34

Post #: 44955054
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Originally posted by brlauchmeister: ↑

Praetor, do you know this?:

There is a spot for the IO-Price in USD. Is it a price for DSO? Or a special better quality of Ore.

But I think, if SDL could deliver their IO (Mbalam) or a mix from both mines, which will Show percentage above 60% or 62%. So, will they receive then the DSO spot-price therefor?

Or even more, because their IO is better than DSO?

THX!!

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Nothing is for sure. But given Mbalam-Nabeba is the second largest high-quality deposit of IO on the planet and it's all on the surface...that it's 40Mt a year for 15 years+. Straight to China for mixing with lower grade (or not). The SP has to rise significantly. 5x,10x, 20x ?

Last edited by Praetor: 01/06/20

SDL Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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