SFR 5.64% $8.86 sandfire resources limited

Ann: AUR: Sandfire JV Update December 2022 Quarter, page-13

  1. 641 Posts.
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    SFR just might be in the poo with 23 million AUR shares. Inevitably, AUR will go out the back door, AUR doesn't make money, it can't afford the drilling costs. That's why it had the JV in the first place. It wasn't a good JV for SFR share holders. Money poorly spent. Karl took far too long to acquire a going concern mine, then paid too much for it because he was (motivated) desperate.
 
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