The internet is awash with articles on China’s want and need for Fe at or above 60%, and here Sundance sits with 10 years worth of ‘shovel ready’ Fe at 62%, an MOU and still looking for a partner after more than a decade to get the stuff to market.
From the SDL website:
Sundance Resources Limited is an international iron ore company which is focused on becoming a world-class producer by developing the Mbalam-Nabeba Iron Ore Project in central west Africa and leading the development of the world’s next great iron ore province.
World class producer; world’s next great iron ore province. To be successful, both need a world class management team – enough said!
SDL Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
