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Hi Westcott,I was putting you and nectar38's ideas together.What...

  1. zwilliam
    115 Posts.
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    05/11/10
    00:48
    Post #: 7432410
    Hi Westcott,

    I was putting you and nectar38's ideas together.What do you think the possibility of doubling iron ore price in 5 years ?

    I remember reading one of FMG's presentation in 2005..where they predicted the iron ore price would be around $40-$60 in 2010..but look at what it is trading now..

    100Mtpa with the current iron ore price..SDL should be trading at $10 minimum post production..

    Cheers,

    William
    SDL Price at posting: 31.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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