SDL 0.00% 0.6¢ sundance resources limited

Westcott,Numbers are probably right mate, but whatever the...

  1. 227 Posts.
    Westcott,
    Numbers are probably right mate, but whatever the number, it takes a lot of years to get your hands on it at 35mtpa. I know previously gj said the region could handle 100mtpa, but that won't be all for us. Adding more resource at this stage does not make the difficult 6 billion number any easier to obtain. More resource does not equal quicker payback cos we can't sell it any quicker.

    The project is massively profitable, but it appears the return is not enough to interest anybody with that big up front outlay for whatever reason. I can't understand why, but years we've been looking and nobody has come forward with anything concrete.

    Ta,
    Beef.
 
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