Falling iron ore prices it's actually positive for SQL
What it could mean ...
All high cost low grade mines close and only the lowest cost mines
Survive and flourish
Since sdl has the lowest cost of producing iron it would
Still make economic sense to develop
Looking at presentations all assumptions for the project are ate 100 dollars
Per tonne
Awhat is happening ATM in iron market in china is liquadation of speculative positions
in fact the Baltic dry index was up 6.4% on Friday indicative of stronger demand coming . It made allow around December and is turning up everett since
Do your own homework
No advice
Falling iron ore prices it's actually positive for SQLWhat it...
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