gj to present at resources rising stars today, page-12

Hi GreyGazza


Thanks for that info, i'm sure everyone appreciates it.
My only query on that presentation is to do with the ore price. The current spot price is around US$ 120pt, so i would doubt that sdl would get that as a set contract, which is why the company has put forward those long term prices for offtake at about US$ 63pt.It would be fantastic if sdl were playing with these higher figures, however, my understanding of it is that they will lock in a long term contract for offtake at the lower price, which is still a significant operating profit.
Would appreciate any ones thoughts on this matter, and apologies if i'm way off the mark.

Cheers.cb