SFR 3.43% $8.16 sandfire resources limited

So some quick and dirty calculations for next quarter....17,407...

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    So some quick and dirty calculations for next quarter....

    17,407 tonnes sold (77k - 52,593)
    USD4.2/lb realised (assumption)
    USD0.85/lb (worst case from preso)

    USD3.35/lb margin = AUD4.29 @ 0.78

    4.29 * 17407 * 2204 = AUD164.58m free cash flow before capex and exploration, and working capital movements.

    Hope Red Bore gives us a few more years of life at current production rates.
 
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