Article in SMH Business section on Sautrday quoted S&P predicting iron ore would drop to between $85 and $95 per ton IF there was a severe reduction of Chinese demand.
At those prices Sundance is laughing, supply may cause this to happen by 2015, but with those prices we are still comfortably ahead of our DFS price of $65 p/t.
As for demand slowing.....pure conjecture.
west africa new pilbara, page-7
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