SDL sundance resources limited
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high-grade hematite reserves increase by 24% , page-9

  1. westcott
    8,602 Posts.
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    24/12/12
    20:32
    Post #: 11225540
    Hi malmanu.

    I was told back in 2009 at the AGM that the iron ore transported to port will become cheaper to produce if going from 35Mt per year to 50Mt per year.
    By the time production starts,they will be looking to export 50Mtpa,not 35Mtpa.
    By the time of first production,the Reserve Resource will be closer to 800Mt I believe.

    I would like to Wish Everyone a Merry Christmas and a Happy New Year.

    Regards
    Westcott.
    SDL Price at posting: 31.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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