SDL 0.00% 0.6¢ sundance resources limited

today's west australian, page-47

  1. 8,602 Posts.
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    Hi (reddragon)

    Have RIO,BHP and VALE GOT into J/V's with others?
    Did RIO,BHP and VALE then have their J/V partners in projects then have a share of all their projects?
    The original discussion was for a J/V for Mbarga/Nabeba,not for all SDL tenements.
    Yes SDL would have to pay some thing to a J/V partner for using their share of rail and port.

    Sundance 40% share of Mbarga/Nabeba at 35 million tonnes per year at a selling price of $120 per tonne would bring in $1.4 billion per year.
    At 50 million tonnes it would bring in $2 billion to Sundance Resources.
    Obviously if the iron ore selling price was more than $120 per tonne it would bring in more to SDL.

    Itabirite pellets and concentrate would bring SDL even more profit than the DSO.

    Regards
    Westcott.
 
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