"The key issues include the almost complete lack of infrastructure and the vast amount of capital required to install it, the relatively small sizes of the companies involved, the high sovereign risks, exacerbated by multiple borders, demanding operating conditions, assorted ownerships and generally lower ore quality relative to other product available on the seaborne market.
They see each of the companies involved in the region as lacking the critical mass to justify the capital risk involved in developing its respective asset.
However, they see compelling support for development of the combined asset base, under Forrest-type leadership"...
Pretty much explains my concerns (and in principle, Gus's comments)...
SDL Price at posting:
8.8¢ Sentiment: None Disclosure: Not Held
