Mr Market is pretending disappointment. Well, I like the result.
BH & team have produced a quality outcome in line with guidance with fresh ambitions to grow existing operations.
Debt is down with a clear statement of intent targeting net cash. That might take a while, given the many useful capex opportunities on the table.
Big drilling program in FY25 and FY26.
Black Butte FID two years away. SFR needs another Cu mine to stand tall and appear balanced. Meanwhile, they have to tip toe through debt, capex and husband capital. Cashflow is good, so this delicate dance is tracking well.
Ash
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$11.41 |
Change
0.090(0.80%) |
Mkt cap ! $5.238B | |||
| Open | High | Low | Value | Volume |
| $11.38 | $11.53 | $11.35 | $10.11M | 885.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 14160 | $11.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.42 | 5526 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SFR (ASX) Chart |