Have a look at page 3 of this Bell Potter review regarding Sundance. It uses both US$/t and USc/dmtu prices.
US$70/t = US110c/dmtu.
SDL is using US105c/dmtu for all of it's modelling, which is less than US$70/t.
http://www.sundanceresources.com.au/media/36788/bell%20potter%20sdl%20initiation%2028092010.pdf
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