So for FMG ,
they had a 26 X increase in Sp from the time before any funding announcements and offtake agreemenmts, to the time of first production!!
Also, I'd like to note that global conditions back in 2006-7 were much more favourable if I recall, it was a raging Bull market!
Sundance have been faced with difficult global conditions in which to do business, hence the lag in SP until now.
But as the world market is recovering and Sundance has shown such resilience through the hard times, We will be perfectly placed to replicate the exploits of FMG IMO
FMG first proposed 45Mt PA for 20 years! another similarity
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