SFR 0.94% $8.63 sandfire resources limited

Ann: DeGrussa Solar Project Update, page-5

  1. 13,855 Posts.
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    The life of the mine is a major factor. Of course, the longer it goes the more cost-effective the expense is.

    Sandfire has copper at DeGrussa and potentially too at Monty. Then there is Thaduna/Green Dragon (with Ventnor) and hopeful copper from Homer, SRI's Thaduna and Enigma and what SFR holds 100% of to the south and west of DeGrussa that is suggestive (now, after Monty) of VMS cu/au too. There is plenty of copper around for SFR in its own or controlled tenements, so the LOM should be well-and-truly extended.

    Also, account should be taken of other potential copper finds in the Doolgunna region and to the south and west - finds by other companies looking for a place for production. RNI in particular and maybe Enterprise too could provide copper feed as well.

    Imo the solar power system is money well spent.
 
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