SFR 2.82% $8.03 sandfire resources limited

Ann: December 2020 Half Year Financial Results Presentation, page-41

  1. 1,406 Posts.
    lightbulb Created with Sketch. 491
    Cheers. Good post.

    I like the cash from DeGrussa but appreciate the mine life problem.
    Love the African exposure to big potential discovery/ies that would render DeGrussa immaterial.
    Have never liked Black Butte.
    Love the current firepower on balance sheet. Hope and pray he doesn't spend it on some clapped out old project that may look ok on current copper price. Hold your nerve Karl, that capital may be required to develop a discovery.

    I've tripled up this morning. The rally to then pull back from $6.20 got me going. That rally was on Africa...it hasn't gone anywhere.
 
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