In hindsight management did well finding a mine and resource the size of Matsa that they could take over as a smaller company. Positioned themselves well for copper price moves since then, and can now take part, without Matsa they had nothing. Timed it well too other than for the unlucky energy costs spike that resolved. Pretty impressed with management taking us from $4.80 and Degrussa exhausted to $9.20 and Matsa. Debt's a requirement of growth, dividends will return.
Ann: December 2023 Half Year Financial Results Presentation, page-13
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.77 |
Change
0.020(0.19%) |
Mkt cap ! $4.926B | |||
| Open | High | Low | Value | Volume |
| $10.51 | $10.77 | $10.41 | $25.33M | 2.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 11524 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SFR (ASX) Chart |