When did SDL say the Itabirite is expensive? What words did they use to say it is expensive? Expensive compaired to what other type of iron ore concentrate or Pellet feed? Who's Concentrate or Pellet feed are you compairing with?
For a Concentrate/Pellet feed that is worth at least $20 per tonne more than 62%Fe iron ore,you say $40 per tonne cost is high? Who is producing in Australia Concentrate and Pellet feed of 65%Fe to 68%Fe cheaper than $40 per tonne?
I still don't understand how the share price is saying that Hanlong have offered too high a take over price for SDL.
Can you name the new (not started)options that Vale,BHP and RIO have that are better projects than what SDL have?
Regards Westcott.
SDL Price at posting:
37.0¢ Sentiment: None Disclosure: Held
