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SDL 0.280 -1.75% 0.280 0.285 0.305 0.310 0.280 23,747,681
Das hört sich aber nicht so gut an .....
Goldman Sachs JBWere
Hold recommendation
12-month share price target of 25c
Last traded at 24.5c
THERE were very few in the market that didn't already know that Sundance's Mbalam project in Cameroon was going to be a large iron ore mine. What people didn't know, until only recently, was that remodelling of Mbalam by Sundance now shows that there is a bigger mix of itabirite (low grade) ore than against the more company-friendly direct-ship hematite ore. As Goldman's analysts in Melbourne note, the addition of the itabirite ore is a "key change" to the nature of the project, which will still be a 35 million tonne per annum operation, but include more of a mix of itabirite. "We still see potential in the Mbalam project long-term given its shear size," the analysts recently told clients. "However, we note the move towards a predominantly itabirite project requires an assumption/conviction in higher long-term iron ore prices. We note that this thesis (of requiring higher long-term prices) is similar to a number of up and coming potential producers with magnetite/itabirite/beneficiated ore projects which have the common thread of higher operating costs and higher capital intensity."
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| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 16 | 1.161 | Sundance.... China-Krise als Riesenchance? | goldenrisk | goldenrisk | 25.04.21 02:32 | |
| 51 | 328 | Gold - Eisen & seltene Erden ... | cheche | amoka | 24.04.21 23:01 | |
| Großinvestor eingestigen | Go West | 19.03.08 09:50 | ||||
| 1 | Bodenbildung gefunden | Go West | lackilu | 12.03.08 14:43 | ||
| 3 | 2 | Tages Trade | Bernd Jonas | cheche | 16.01.08 09:35 |