SFR 3.43% $8.16 sandfire resources limited

Ann: DeGrussa Operations Ore Reserve and Mineral Resource Update, page-20

  1. 1,514 Posts.
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    Keeping my eyes on Red Bore, all local Oz exploration and the Botswana A4 resource upgrade to see if SFR can manage the ideal scenario of a seamless switch from just Oz to Oz+Bots and maintaing full production .

    As Powerinumbers stated, KS does seem to be hoping that satellite deposit A4 will help deliver volume and be mined in tandem with T3.

    China's verbal propaganda attempt to dampen Copper prices is working so far, but longer term I still think Copper will be bullish as the demand/supply fundamentals won't go away. China will need to release a significant quantity of cheap copper to the market over a sustained period to have any longer term effect on the rising prices in my opinion.

    SFR nicely positioned and a buying opportunity at present I believe.
 
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Last
$8.16
Change
-0.290(3.43%)
Mkt cap ! $3.732B
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$8.29 $8.42 $8.13 $33.10M 4.016M

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No. Vol. Price($)
2 7311 $8.16
 

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Price($) Vol. No.
$8.19 9030 1
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