Gindalbie Metals forecasts annual production at 30mtpa but is currently being valued based on expectations of 10mtpa, so there is a good comparison in terms of production numbers. Also of note is that George Jones is the Chairman of Gindalbie. Like GBG, Sundance will be more than just a miner of ore. Both companies are going to be much more complex and integrated than a simple dirt miner. Ginders are at the stage where Sundance should get to shortly, fully funded with offtake contracts. R
SDL Price at posting:
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