Because of the grades, I suspect they are two completely different types of mine. SFR's being U/G high grade VMS mineralisation. S32's Open pit, probably a porpyhry. To make the comparison one would have to work out free cash flow EBIT and multiples of them. SFR's Matasa was, say market cap on EBIT 4-5 which was attractive as I think next years my be 3 to 4. S32 are no slouches and the market liked it so I would suppose it would be similar or better. Also, SFR was smaller so the purchase had much more punch and debt.
All IMVHO
Ann: Transformational Acquisition of the MATSA Mining Complex, page-293
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.77 |
Change
0.020(0.19%) |
Mkt cap ! $4.926B | |||
| Open | High | Low | Value | Volume |
| $10.51 | $10.77 | $10.41 | $25.33M | 2.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 11524 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SFR (ASX) Chart |