SDL sundance resources limited
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Squidd, another 70 MT per annum is coming online next year...

  1. nihilism
    11,400 Posts.
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    09/10/14
    07:11
    Post #: 14097259
    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.
    SDL Price at posting: 4.8¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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