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30/01/25
12:34
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Originally posted by lordearl:
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Agree - very impressive results and disciplined management. I'd like to see a move to a small dividend, coupled with M&A expansion particularly into the Spanish and Portugal regions. There are a number of assets which would fit the bill. Variscan (ASX:VAR) for example, has a very good brownfield Zinc mine which has excellent production and exploration prospects and would be an overnight acquisition for SFR. Prudent financial management and smaller bolt-on acquisitions will complete the picture for SFR to become a takeover target for one of the true global mining giants.
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Pan Global Resources looks a better bet than VAR. What would we know. BH & team will have studied all Spain and Portugal. Ash