The key difference with BHP , they have multiple proven long assets .
The key question for Sandfire . what is the expected life from current profit producing assets? I note one researcher has them at NIL profit from current proven assets by 2023? comments please?
There is minimal value associated to assets in process , as per Africa and US. They count as exploration assets which are normally discounted by market until profit is running.
Ann: December 2020 Half Year Financial Results Presentation, page-9
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