SDL 0.00% 0.6¢ sundance resources limited

You have to wonder about the short term mentality of people, the...

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    You have to wonder about the short term mentality of people, the resource is going to be mined over a period of 30years. Cheap as it is the Chinese are not walking away. Avima which has some 500million plus dso located within 200klm of Sundance is waiting for someone to build a railway. The chinese know this so its almost got its hand on 1B tonnes of DSO and 5-10B tonnes of itabirite. The other regional targets add another 1-2B tonnes of DSO and several billion tonnes of lower grade DSO and itabirite. Now whats the cost going to be per tonne for the chinese instead of buying at spot price from BHP, something like $25 per tonne.
 
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