I am in the same boat a bit, just holding as long as the price holds and I think Sandfire can make a good go of this region, so I am really holding out for the same reason I have held MOD.
We still have exploration and unlocking more of the potential of the region, which Sandfire will definitely want to do,,, and for the last 18 months nearly we have had no upside at all from the copper market as a whole, so there is potential for value to increase..
I cashed out some though to place elsewhere, but I guess when more comes to light in regards to Sandfire's exploration plans and timelines, maybe their analysis of the region/targets to expand on what MOD has given us.
Not much to go off since the T/O bid, and even the timeline MOD set out before, as was said, we can't be sure if that drilling is even continueing, so for me, happy to hold while the value isn't decreasing, and wait to see the next moves.
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