Are the Big 4 doing SDL a favour?, page-12

Hi chackay.

SDL I believe will go to 50Mtpa very quickly after first production.
Once the small mine pits are out of DSO, they could then start on the Itabirite that is directly below the DSO. Then we could be looking at 100 Mtpa in 5 to 6 years from first production.
Mbarga West, Metzimevin and Mbarga South are not overly large deposits of DSO. These are the mine pits that will be mined at the same time as Mbarga.
These deposits have large amounts of Itabirite, with Metzimevin also having large amounts of Detrital iron ore as well.
I believe the Detrital is of a high grade at 60%Fe.
Pay back of debt has been quoted to take 3.5 years for the DSO.

Regards
Westcott.