The good thing here is , With Copper Price average just around 4.22(Motheo) and $.44(Masta),
We could expect EBIDTA around US$140 to US$150M per Quarter with Motheo ramping up.
That is about A$250m EBIDTA/Quarter. I don't think the Market has realized this potential yet as
all eyes where focus on the Rapid decline on the price of Copper the past 15 days of about 15%.
Besides it was downplayed by the fact EBIDTA was released in this report as a Full Year of US$360M which
is not spectacular as the Previous Quarters where pathetic. Just a Copper price of US$4.40/lb is good enough
for SFR to double EBIDTA reaching A$1billion/Year. Achievable. A Cu Pr of US$5.00/lb. will be very good. JMO.
Goldman is Bullish on copper as per their recommendation on SFR.
.
Ann: Sandfire June 2024 Quarterly Report, page-10
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Last
$10.77 |
Change
0.020(0.19%) |
Mkt cap ! $4.926B | |||
| Open | High | Low | Value | Volume |
| $10.51 | $10.77 | $10.41 | $25.33M | 2.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 11524 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SFR (ASX) Chart |