SFZ
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0.00% 0.2¢ south american ferro metals limited

Ann: Quarterly Activities Report , page-3

  1. plough
    33,626 Posts.
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    31/07/12
    19:38
    Post #: 10508726
    I think you missed the important point # 3
    the concentrator is ramping up to 700 tons per day production at 65% Fe
    My guess is that tenor iron ore will be around $100 a ton so $70,000 a day * 90 days for next quarter would be $6.3M in revenue

    Welcome to be corrected !

    ( I also only hold a small position)
    SFZ Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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