I don't want to get into a debate over your comments,but would you please explain for me your remarks that Pilbara and Simandou are low cost? What figures did you come up with for cost of building Rail and Port for the Pilbara and Simandou compared to SDL please? What %Fe are you attributing to BHP and RIO in the Pilbara please?
To be fair to SDL,they have really only just started drilling their tenements. I don't think it fair to compare total Resource size. I do think it fair to compare BHP and Rio reserve high grade DSO grade in %Fe in the Pilbara to SDL's Reserve high grade DSO in %Fe.
Regards Westcott.
SDL Price at posting:
36.0¢ Sentiment: None Disclosure: Held
