Malmanu, I guess its because the SDL ship loader only has Max capacity for 45MT (which in reality will be between 36 and 40 operational)of which SDL will be using 35MT. So its all about control. If the others want in, there will be significant capital required to add another berth, shiploader, dredging etc at the port plus additional passing lanes on the track and additional rolling stock. If they come in as partners SDL might not get its 35MT out of whatever capacity is at the port prior to these necessary expansions in capacity to serve them all. If they keep sole ownership they keep control of available capacity. All IMHO.
SDL Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
