Ann: December 2020 Half Year Financial Results Presentation, page-27

Of interest that SFR have been recently chasing EMR's Golden Grove Cu, Zn, Ag, Pb, Au mine near Yalgoo. Decision pending I assume

Outlook for Black Butte looking better as USA show willing to explore for + mine critcal metals on home turf.

Botswana update from A4 grid + extension drilling any day soon, other prime targets to be drilled soon, full AEM flown from Namibian border to beginning of Cupric Canyon tenements to the east of SFR's licences. New targets to follow. T3 DTM due and Botswana Govt keen to expand mining to aid economy.

Plenty of silver kickers so far at T3 and A4, silver price going higher.

SFR seem busy enough building value for the future. I bought more yesterday as I see the present price as good value with a longer term bull run for copper based on weakening supply + increasing demand fundamentals (renewables, EVs, infrastructure build out etc). Happy to hold for a long while yet.