sido why would you invest in sundance
-will have +1billion tonnes of HEMATITE not magnetite which gbg have.
- margins will be extremely better than gbg.
- will produce more ore
- do not have to process the ore like magnetite
- developement cost near the same.
- will pay off in 4 years, and then will have ebita of $900 million p/a free cash flow.
why do you think sdl has a bigger mrk cap than gbg, its because the market recognises that sdl has a far superior project.
stop embarrasing urself SIDO.
sido why would you invest in sundance-will have +1billion tonnes...
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