For SDL, the future iron ore price is more relevant to SDL than current price since the company is not in the stage of production yet.
Extract from the article http://in.reuters.com/article/2014/10/10/markets-ironore-idINL3N0S52QJ20141010
Quoted
"Iron ore futures in China and Singapore also rose. The January contract on the Dalian Commodity Exchange climbed 2.3 percent to end at 568 yuan a tonne and the January contract on the Singapore Exchange gained 1.4 percent to $79.47 per tonne".
Unquoted
This is a good sign for SDL as a future producer. Other existing Iron Ore producers may struggle to survive due to lower current iron ore price but SDL will remain in the future.
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