SFX 0.85% 29.5¢ sheffield resources limited

Ann: Investor Presentation - Equity Raising & Growth Strategy, page-2

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975

    https://hotcopper.com.au/data/attachments/5088/5088047-72325144d22270f0731e1715b0a504b4.jpg

    https://hotcopper.com.au/data/attachments/5088/5088061-2d5b3c0933356b270d55f5a37ae4d272.jpg
    https://hotcopper.com.au/data/attachments/5088/5088091-c5413b6e6096394cd14a8bf665af99b1.jpg

    Not much deposit info except that it's sulphate and zircon. Mining so close to the beach is problematic in most countries and a non-starter in Australia these days. I can see why legislation limiting mining activities need to be repealed. The project owner looks a major player in Brazil mining, so maybe they have the political connections to make it happen. At least there is little people living on the leases from a quick Google maps. Too much a wind swept mobile dune sand for setting up camp. Not enough details to comment on the deposits beyond that...
 
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