Vale baled out of Simandou, page-9

Hi pikapika

Ummm, SDL have to get a loan, funds, finance in the first place to even have the opportunity to service it. Not like they haven't been trying for years now! Are they Gina with Gina's backing....not really are they.

Please enlighten me to why they haven't succeeded and why the FE price means nothing from all perspectives. In SDL presentations they loved using it in their modeling. You should have told them there was no need. They used it to show the strong economics especially in the high $100s, good enough for them, good enough for me, not good enough for lenders though.

Here's your chance to un-confuse me!

cheers
donedeal