.
Sandfire Resources (ASX:SFR) has secured a $390 million debt facility, so it can complete its Degrussa copper and gold development in Western Australia.
ANZ has signed off on documentation for the facility.
Chief executive Karl Simich said the loan was increased from the initial $360 million, but it’s not a sign of the project cost estimates blowing out.
He told the Australian Financial Review the extra funds would “put a bit more elastic” into the project.
Sandfire Resources (ASX:SFR) reported a net loss of $35.2 million for the first half of the 2011 financial year.
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Last
$12.32 |
Change
-0.160(1.28%) |
Mkt cap ! $5.656B | |||
| Open | High | Low | Value | Volume |
| $12.40 | $12.45 | $12.31 | $20.32M | 1.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 180 | $12.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.38 | 1812 | 2 |
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| Last trade - 16.13pm 18/09/2025 (20 minute delay) ? |
| SFR (ASX) Chart |