BH & team appear to have lost interest in developing Sotiel.
Two years ago, they were considering a second concentrator at Sotiel to boost output.
In earlier posts, I have mistakenly identified the second concentrator site as at Magdelana, kindly forgive me.
Sotiel produces only 0.4Mtpa of ore, tops up the existing concentrator, from a resource of 74.0Mt @ 1.0% Cu, 3.1% Zn, 1.3% Pb, 41.6g/t Ag
Today's presentation only mentions Sotiel in passing - because it exists.
SFR is embarking on a major exploration program across its tenements, no works proposed around Sotiel.
This is not a problem, effort must go to the best opportunities. It looks like these are elsewhere.
Ash
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BH & team appear to have lost interest in developing Sotiel. Two...
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Change
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Open | High | Low | Value | Volume |
$11.11 | $11.16 | $10.97 | $19.59M | 1.766M |
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No. | Vol. | Price($) |
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1 | 2746 | 11.080 |
1 | 2790 | 11.070 |
1 | 2936 | 11.060 |
1 | 2408 | 11.050 |
Price($) | Vol. | No. |
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11.160 | 4575 | 3 |
11.180 | 9251 | 1 |
11.190 | 2799 | 1 |
11.200 | 5319 | 2 |
11.210 | 3049 | 1 |
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