SFZ 0.00% 0.2¢ south american ferro metals limited

At least 4 Brokers that we know of doing a report. Seems like...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 982 Posts.
    At least 4 Brokers that we know of doing a report. Seems like the SFZ Salesperson was doing their job in promoting the company.

    The Clients that bought in at IPO with 40c would be spewing at the moment seeing it's at 21c. There's still a good chance of them getting their money back with a little extra for the risk.

    My accounting hasn't been used in 20 years. If SFZ do end up making a profit of $24m p.a., would a PE of 12 be fair to work out a reasonable MC? At $288m, with fully diluted 480m shares, that'd be around 60c per share.

    Hopefully Vale do come in with an offer in that ball park. It'll take some time for SFZ to realise that type of profit. I think it can only be done with the Concentrator and a ramp up to 3mtpa.
 
watchlist Created with Sketch. Add SFZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.