Sundance.... China-Krise als Riesenchance?

Actual FMG is DSO for majority of their cloudbreak deposit and low silica, other parts is high alumina which they need to wash out, thats why they are bringing on a wash plant for wet screening and crushing their product.
For their Christmas Creek deposit they will have to updgrade their product like SDL as high silica (greater than 8%) but not as low Iron ore content ie. less than 50% as SDL has.

The main difference between SDL and FMG is that:
SDL will have one large mining pit at Mbalam that will become 300 m deep, FMG has a large area to mine as the deposit are thin seams between 2m and 10 m running 70km from Cloudbreak to Christmas Creek and then down to the Fortescue Marshes. As they go down to the marshes their strip ratio goes from 2 to about 10 ie. whey they have to mine 100 metres of overburden to get 10 metres of ore.
SDL strip ratio of 0.1 is really attractive, mine 10 metres of overburden get 100 metres of ore, and all deposit in one small area not spread out, so your mining costs will not be as bad.


schönen Tag noch         stay long        berliner_baer  

There is already a company that has signed a MOU with the Cameroonian(?) Gov't. They are listed on the TSX and the MOU is a public document." (Sorry can't read the name of the commpany)

That company is Geovic, cobalt company in cameroon. Deposits are just North of Sundance. They had to give the government an equity share of their project. The deposit is Nkamouna. Low cobalt prices and trying to raise funds, they have put the project on hold for the time being.
They would be looking at gaining 3rd party access to any port that Sundance develops.  

50 MTpa planned production rate, and recovery of 40% means you will have to mine at least 120 MTPa for the low grade Iron ore.
There is no way you will be able to mine 120 MTPa from one pit over that small of area at Mbarga.
ie.
120 MTPa means at least 4-5 mining fleets, e.g. Terex RH400 FS average production rate of 5500 Tph, 240






Tonne dump trucks, we are probably talking about a fleet of at least 100 plus trucks in circulation.
As you get down deeper, your mining area decreases.
Less room for your shovels to operate. Greater haul times at increased depth.
You will be lucky to operate 3 mining fleets down there comfortably at those depths.

They will need at least another pit for mining at this rate.

I did see though that in past sundance reports,page 5, the aeromagnetic survey,
http://www.rmresearch.com.au/images/PDF/...%20RESEARCH_15_11_2006.pdf

that the magnetic anomalities extend from Mbalam to Metzimevin, meaning that there may be significant quantities of low grade ore at this deposit.
Ideal place for a second pit if thats the case.  

Hallo SDL'er!
auf    ASX   ein "OPEN BRIEFING" sehr interessant










schönen Tag noch    stay long     berliner_baer  

 berliner_baer hab nichts gefunden  hm......

 

gruss

tomsch

 

Hallo tomsch !

http://www.asx.com.au/asxpdf/20081204/pdf/31f12pjs58s19z.pdf







hoffe es klappt

schönen Tag noch          stay long        berliner_baer  

Hallo SDL'er!

am 28.11.08 war Hauptversammlung in Perth


http://www.asx.com.au/asxpdf/20081128/pdf/31dxy2c9202rs0.pdf






macht's gut schönen Tag noch     stay long berlinerbaer  

Find ich halt naja werde mir wohl noch ein paar Stück ins depot legen müssen!

 

Danke an  berliner_baer führ die guten Informationen

 

gruss

tomsch

 

noch einen bericht gefunden,schon in der Übersetzung


http://translate.google.de/...heage.com.au/business/corruption-trials





schönen Abend noch       stay long        berliner_baer  

nochmaliger Versuch



http://business.theage.com.au/business/...r-top-10-20081207-6tan.html






berliner_baer  

http://www.sundanceresources.com.au/media/17290/...tion%20program.pdf  

Tata Steel could bid for a strategic stake in Mbalam iron ore mine in Cameroon by partnering Sundance Resources, the company that owns the West African mine, investment banking sources told Hindustan Times.

International media reports said Sundance Resources Chairman George Jones recently returned from a road show to promote Mbalam’s potential. Sources familiar with the development said Jones met senior Tata Steel officials last month on equity participation in the project.

Arcelor Mittal, Posco and Rio Tinto are understood to be the other potential bidders for the Mbalam project for which the potential valuation is not yet known.

A Tata Steel spokesman said reports of his company’s bid was “completely speculative and untrue.” However, company Managing Director B. Muthuraman said recently that it was looking for captive raw material security. Sundance did not respond to an e-mail seeking its comments.

According to industry analysts, Mbalam could be one of the world's biggest iron ore mines with a capacity to produce 35 million tonnes per year at least for the next 20 years. "It's not clear whether Tata is putting a bid for Mbalam. However, if so, Mbalam would assure a long-term raw material security for its operations especially outside India,” said an investment banker close to the Tata Group.

Tata Steel has a production capacity of 28 million tonnes and plans to have at least 40 per cent of raw material resources from captive units over the next five years. It had bought stake in a Canadian iron ore project and has equity participation in another iron ore mine in Ivory Coast. Corus, the Anglo-Dutch group Tata Steel has acquired, is particularly vulnerable to raw material shortage.


stay long        berliner_baer  

is the tide starting to turn again?

Mitsui O.S.K., Shipping Lines Advance on Baltic Index (Update1)
Email | Print | A A A

By Chris Cooper

Dec. 15 (Bloomberg) -- Mitsui O.S.K. Lines Ltd., Japan's largest operator of iron-ore ships, rose to the highest in two months in Tokyo and led domestic shippers higher, as rates for carrying commodities had their biggest daily gain on record.

The shipping line advanced as much as 11 percent to 607 yen and traded at 597 yen as of 9:54 a.m. on the Tokyo Stock Exchange. Nippon Yusen K.K., Japan's biggest shipping line by sales, gained as much as 8.4 percent and Kawasaki Kisen Kaisha Ltd., the third-largest, increased as much as 9.3 percent.

The Baltic Dry Index, a measure of commodity-shipping rates, gained 7.5 percent on Dec. 12 and had its first weekly gain in four on rebounding demand for shipments of iron ore to make steel. China imported 32.5 million metric tons of iron ore last month, up from 30.6 million tons in October, according to customs data.

The index is down 94 percent from its all-time high in May after a credit freeze made it tougher to finance cargoes and the global economy slowed.

Hanjin Shipping Co., South Korea's largest sea-cargo carrier, gained as much as 12 percent to 20,800 won in Seoul trading.

To contact the reporter on this story: Chris Cooper in Tokyo at

more weight to the return of demand for iron ore : )

partners for sdl better hurry .


stay long       berliner_baer  

21:04 IST(14/12/2008)


Tata Steel could bid for a strategic stake in Mbalam iron ore mine in Cameroon by partnering Sundance Resources, the company that owns the West African mine, investment banking sources told Hindustan Times.

International media reports said Sundance Resources Chairman George Jones recently returned from a road show to promote Mbalam’s potential. Sources familiar with the development said Jones met senior Tata Steel officials last month on equity participation in the project.

Arcelor Mittal, Posco and Rio Tinto are understood to be the other potential bidders for the Mbalam project for which the potential valuation is not yet known.

A Tata Steel spokesman said reports of his company’s bid was “completely speculative and untrue.” However, company Managing Director B. Muthuraman said recently that it was looking for captive raw material security. Sundance did not respond to an e-mail seeking its comments.

According to industry analysts, Mbalam could be one of the world's biggest iron ore mines with a capacity to produce 35 million tonnes per year at least for the next 20 years. "It's not clear whether Tata is putting a bid for Mbalam. However, if so, Mbalam would assure a long-term raw material security for its operations especially outside India,” said an investment banker close to the Tata Group.

Tata Steel has a production capacity of 28 million tonnes and plans to have at least 40 per cent of raw material resources from captive units over the next five years. It had bought stake in a Canadian iron ore project and has equity participation in another iron ore mine in Ivory Coast. Corus, the Anglo-Dutch group Tata Steel has acquired, is particularly vulnerable to raw material shortage.

http://www.hindustantimes.com  

Hallo SDL'er!

http://finance.google.com/finance?morenews=10&rating=1&q=ASX:SDL







stay long     berliner_baer  

http://finance.google.com/finance?q=ASX:SDL  

http://www.hotcopper.com.au/asx_announcements.asp?id=14360




schönen Tag noch     berliner_baer       stay long  

Naja sind jaimmer schöne Nachrichten hir im Forum über Sundance aber es sieht so aus als die allgemeinschaft ich sags mal so nicht interresiert sonst würde dieses Ding mal steigen .

Führ mich zurzeit eine klare Abwärtzbewegung^^îmmer wieder neiue tiefs hm.......

 

Ich hoffe natürlich auf steigende Kurse aber wie heists hoffen an der Börse ist ein Fehler

 

Hallo Tomsch!

die Umsätze ziehen langsam wieder an in Aussieland          gestern 14 Mill   heute 20 Mill  

aber ich gebe Dir recht es ist im Moment ein auf und ab
bin aber überzeugt davon das G.J   KT  DL  vernünftige Arbeit leisten trotz der aktuellen Krise
es geht Step by Step voran und man sollte bei diesen niedrigen Kursen nochmals nachkaufen
bis auf Concord Capital sind noch alle Großen dabei
es wurden ja auch schon evtl Partner genannt(Tata Steel--Arcelor Mittal--Posco--Rio Tinto)
George Jones hat das mit Gindalbie Metals auch geschafft
nur Mut es wird sich lohnen wenn Du noch 2-3 Jahre warten kannst

alles nur meine Meinung/keine Kaufemfehlung     stay long    berliner_baer  

Hallo, Berliner_Baer!

Ich möchte Dich korrigieren: meines Erachtens ist Concord Capital noch immer als Großinvestor
dabei und hat laut der jüngsten Meldung seit September nur einen Teil von ca. 5 Mio Aktien verkauft,
was aber angesichts der ca.95 Mio, die sie zuvor gehalten haben, nicht weiter relevant ist.
Die Gesellschaft tradet Sundance ein bißchen hin und her, das haben sie auch im Frühjahr schon mal
gemacht, um dann wenige Wochen später wieder billiger zuzukaufen.
Ich wünsche Dir frohe Weihnachten und vielen Dank nochmals für Deine Belebung dieses Threads!

P.S. Im Moment wird an der Börse noch immer das Weltuntergangs-Szenario "gespielt" und deshalb
die gute Entwicklung bei SDL ignoriert. Aber Mr. Don Lewis meint ja, daß man insofern vielleicht
sogar von der Krise profitiert, wenn die großen Minen-Betreiber wegen der Krise jetzt ihre Produktion
verringern und hierdurch in ein paar Jahren die Nachfrage wieder steigen wird. Einzig die Finanzierung
müssen sie nun in diesem schwierigen Umfeld hinkriegen, was sicherlich nicht einfach ist.  

Ich mus mich auch bedanken an alle die den Thread beleben naja sind nicht so viele^^

Aber ich wünsch allen SDLer ein schönes und erfolgreiches Jahr!

Und vorher natürlich frohe Weihnachten

 

gruss

tomsch

 

Hir ein Link naja weis nicht op es den alle kennnen !

http://www.24hgold.com/infocompany.aspx?id=4124

 

Hallo SDL'er!

awarding of contracts               Vergabe der Aufträge ist bald fällig



http://www.minpat.gov.cm/...on=com_content&task=view&id=226&Itemid=97



schöne Weihnachten allen "SDL'er"

schönen Tag noch     stay long          berliner_baer  

Hallo SDL'er!

African Press Agency
Cameroon - Raw materials

Cameroon poised to start exploiting Mbalam iron ore in 2012

APA-Yaounde (Cameroon) Cameroon will start exploiting its Mbalam iron ore (east) which has 2400 million tons of iron and is the world’s 4th iron reserve and Africa’s second, as of 2012 for a 25-year duration.

This announcement follows the signing of a master agreement between Cameroon and the Australian company, Sundance Resources Limited.

The firm gave the state a 25% participation of its capital in the business, including none-contributory 10% shares.

The total exploitation cost of this ore is estimated at US$330 million.

It will require the construction of 490km railway connecting the area to the Atlantic Ocean coast, the creation of a deep water port in Kribi but also the installation of a low-grade iron ore enrichment unit.

According to the general manager of Sundance Resources Limited, Don Lewis, "the current international financial crisis should not obstruct the project, even though it fairly changes its financing system".

http://www.apanews.net/apa.php?page=show_article_eng&id_article=84204


ich denke mal das da die Kongo-Liegenschaften nicht mit einbezogen sind



schönen Tag noch      stay long   berliner_baer  

Hallo SDL'er !         peu a peu    immer kleine Schritte  !!

http://www.stocknessmonster.com/stock-quote?S=SDL&E=ASX


Cam Iron ,Finanzierung-Bau und Betrieb des Kribi Deep Seaport!!!!

http://www.stocknessmonster.com/news-item?S=SDL&E=ASX&N=434831

andere Internationale Großkonzerne  sind ebenfalls mit dabei

Rio Tinto    Bollore Group   Boskalis International     nur vom feinsten !!!


schönen Tag noch           stay long    berliner_baer