wuhan, page-3

Where are the News articles on Core mining now unable to transport its ore from its Avima Project. Its all doom and gloom for Sundance but for every other iron ore explorer/developer its business as usual. Rio wants 1.8B for its stake in Canadian I/O producer IOC that has a cost base of $90 a tonne. So for Sundance that can produce for say $25 a tonne its all over red rover. BHP and RIO are paying truck drivers and train drivers 130K yet Sundance project will be paying $4K .The majors just wont be able to compete and they know it. If IOC and all the others with a cost base between 90 and 120 have to shut down so be it.