Hi Gold digger,
Yes I believe a tie up with Arcelor Mittal makes sense and is definitely possible.
Talbot must know them pretty well. He sold a big slice of his stake in MCC to Arcelor Mittal not all that long ago. Talbot is on the board of Sundance. Arcelor Mittal steel mills are in Europe, and the Cameroon is a lot closer to Europe than Brazil (Arcelor Mittal purchase most of their iron ore from Vale).
And as you point about, Arcelor Mittal are very interested in iron ore from West Africa.
I think Sundance are perfectly positioned. But what would I know, I'm only 22!
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