SDL 0.00% 0.6¢ sundance resources limited

Hi Samson2158. The iron ore they are talking about was, I...

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    Hi Samson2158.

    The iron ore they are talking about was, I believe to be striped from the surface, stockpiled till year four and then beneficiated. Now they are saying that testing has found that they can just dig it up and use it straight away through their gravity feed circuit. No stock piling for a later stage needed. There is quite a bit of iron ore they have not included in their resource figures that they said some while ago, they would see if it could be included in years to come, but it was to be classed as waste at present.
    This is why the Projects are so good, why the strip ratio is so good at around 0.9 - 1.
    I believe, 1000 tonnes of iron ore and they get only 100 tonnes of waste.
    The Pilbara is more like 350 to 450 tonnes of waste per 1000 tonnes I believe. Giulio commented on the strip ratio comparison with The Pilbara, not too long ago.

    Regards
    Westcott.
 
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