Nobody is takeover-proof, Apple. Not my argument. Nor do I suggest limiting the proper development of Matsa and Motheo.
BH ambitiously announced Black Butte FID is 18-24 months away. Two years of mine construction has it producing in 4 years. High grade, modest size.
We carbon-based life-forms are dull at judging complexity. We count one, two, three, many.
So a genuine third (fourth) mining operation will bring an optionality or intricacy premium to SFR and raise its value beyond the sum of parts - the secret sauce of multi-miners.
This isn't mysticism, this is an observable fact, hence my urging to acquire another mine. Tough when every metal miner on the planet is chasing the same thing.
Ash
SFR Price at posting:
$10.96 Sentiment: Buy Disclosure: Held
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