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baukaw,That could be good news for Sundance. If iron ore prices...

  1. Jonnes
    406 Posts.
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    18/10/13
    17:16
    Post #: 12459173
    baukaw,

    That could be good news for Sundance. If iron ore prices dropped to 80 dollars a tonne most mines around the world, including most Chinese mines, would be unviable and would close.
    Sundance producing at $21 a tonne would make a killing.

    Cheers J
    SDL Price at posting: 9.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch.  Great analysis
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