I agree with a 30yr plus mine life...but i think we have to look at the early years of mine production, we have to consider how long it will take to pay off the $7 billion plus on infrastructure loan and how long it will take considering IO prices are dropping at levels where any more drop will be close to break even cost for most junior miners...and given the current news coming from China, its sending a message that things are slowing globally... Surely this has to also be on Hanlong's minds? so the quicker they get conventions,firb etc the quicker this bid gets done... Whats your thought on this?
cheers MBM
SDL Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held