SDL sundance resources limited

Glasenberg’s madcap manoeuvre, page-4

  1. 11,400 Posts.
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    Squidd,

    another 70 MT per annum is coming online next year assuming RH goes ahead as planned and BHP + RIO expand as planned.

    Thats another 6%. Prices could go lower than todays, far lower. 62% of worldwide supply comes from BHP and RIO who have an average FOB cost of ~$40/t (accounting for recent drop in the dollar).. Scary stuff.
 
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