SFR 0.87% $10.20 sandfire resources limited

Judging by the quarterly conference calls, the analysts don't...

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  1. 80 Posts.
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    Judging by the quarterly conference calls, the analysts don't seem too positive on SFR finding more copper for degrussa. SFR looks to be in the planning stages of building a CIL plant next to their concentration plant so they can process the oxide gold on their tenements. I think they have about 1.7million tonnes grading 1g/t gold in stockpiles. I came across an old presentation by SFR in 2008 which stated that they were targeting a gold resource of 3million tonnes grading 3g/t. They had some pretty good drill results at the old highway prospect I think. It could be possible that they could have a 3 year 100k/ounce/year gold operation at a minimum, once their copper reserves are exhausted.

    I think their focus at the moment is trying to bag the whale, which is ADT.
 
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Last
$10.20
Change
-0.090(0.87%)
Mkt cap ! $4.707B
Open High Low Value Volume
$10.33 $10.37 $10.17 $3.229M 314.9K

Buyers (Bids)

No. Vol. Price($)
16 2266 $10.19
 

Sellers (Offers)

Price($) Vol. No.
$10.20 961 12
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Last trade - 12.39pm 19/11/2024 (20 minute delay) ?
SFR (ASX) Chart
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