For those wanting a couple of interesting research reports on the expected costs of the various Iron Ore producers go to
http://www.aurox.com.au/newsroom/research.php and look up the State one report
Another interesting report on the various costs of the producers can be found at
http://www.westernplainsgold.com.au and look up the BBY research report on the front page.
I find it interesting that SDL with 1.8bn shares already and a long way to go to production is valued so high when there is a number of iron ore stocks in Aust with such good opportunity.
regards
PEter
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held