Due to the environmental legal challenges, SFR has said little about Black Butte since the 19 October 2020 Feasibility Study, which can be found here: https://minedocs.com/19/Black-Butte-Johnny-Lee-Deposit-FS-10192020.pdf
Capital cost were estimated at $US275m (2020) to produce ~23,000t Cu pa over eight years.
Further exploration in the vicinity is warranted, though we all know there is no certainty further economic orebodies will be found.
Interesting this morning there is a large gap between buy bids at 7.35 and sell at 7.55. Everyone is madly digesting the implications of Black Butte approvals and no one is willing to take a punt on valuation.
Ash
Due to the environmental legal challenges, SFR has said little...
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Last
$8.26 |
Change
0.100(1.23%) |
Mkt cap ! $3.777B | |||
| Open | High | Low | Value | Volume |
| $8.35 | $8.46 | $8.26 | $17.55M | 2.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9479 | $8.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.30 | 6416 | 5 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SFR (ASX) Chart |