SFR sandfire resources limited

Ann: December 2024 Quarterly Report, page-3

  1. 5,994 Posts.
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    Agree, BWM.

    Good work, BH & team. Hitting all metrics.

    The solid debt reduction to net $US288m is welcome. Yet this begs the question, what happens next, after it is zeroed?

    BH was engaged to both run the business and to grow it. He won't be satisfied by steady state operations.

    I expect M&A activity, though the Cu arena is crowded and intensely contested.

    Black Butte and the option to build a concentrator at Magdalena, which has recently gone quiet, are not challenging enough for a CEO of his calibre.

    Ash

 
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