More good news for SFR - CEO Karl Simich was interviewed on
A u s B i z TV yesterday, and confirmed that SFR sales of copper
and gold are currently unhedged.
This is a very important advantage in the current climate of rising copper and
gold prices because it means SFR will be able to sell their output
at these elevated prices, potentially a big upside for future earnings.
The AFR ran a piece about the hedge positions of ASX gold miners yesterday
under the title "Regret rises as some miners miss rally" (AFR, 30 July 2020, page 25)
A key quote from that AFR piece -
"Little wonder some are crowing about their unhedged production"
All IMHO, DYOR
CEO Karl Simich confirms copper & gold sales are unhedged
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Last
$12.35 |
Change
-0.120(0.96%) |
Mkt cap ! $5.725B | |||
| Open | High | Low | Value | Volume |
| $12.36 | $12.36 | $12.30 | $182.2K | 14.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1118 | $12.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.36 | 311 | 7 |
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| Last trade - 10.03am 15/09/2025 (20 minute delay) ? |
| SFR (ASX) Chart |