A bit of price stabilisation going on while they fix up some corporate deal, I wonder. Although the movement yesterday and today has mirrored SDL, even to the point of the value of trades in both stocks being similar today. I see in their corporate presentation to Wheelers and Dealers (Diggers and whatever it is called) that they left us off the map showing new iron ore supply coming on stream. They showed themselves as the only non-big 3 iron ore company with DSO, iron ore reserves and all the required permits in place as coming on stream soon. On mine to port solution we are in the same position as them (except they need a railway 3 times our length) and on sea freight to China we'll teach them a thing or two about competitiveness.
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