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3.19%

$9.07 sandfire resources limited

Thanks arsenic really appreciate the response. SFR is my choice...

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PickmeAmonkey

2,692 Posts.

148

09/04/21

19:43

Post #: 52368499
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Originally posted by arsenic: ↑

IMVHO. Yes, but not necessarily at full speed . i.e. at the end they may reduce tonnage and/or grade. I think even this year they have reduced grade.
Which is why the AISC has drifted up.

The last was based on Goldman Sachs call.

Importantly pertinent to your question is I think there is a >95% chance that the Degrussa gold tailings retreat will be ready for the switch over.
IMVHO There may be a period of say 3 months (max) when they reconfigure the plant (and connect pre- fabricated leach tanks etc) to treat the tails. What they're silent on is the pre- stripping required for the non tails ore to supplement and sweeten (increase grade) of the tails being re-treated.[SFR are guarding this information like rocking horse shit.]

As far as I'm concerned Degrussa tailings retreat isn't in or is very lightly in brokers valuations.

All IMVHO and I don't watch SFR as closely as some as I've only been in it less than a year.

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Thanks arsenic really appreciate the response. SFR is my choice for some copper exposure in the portfolio so hoping you are on the money!

SFR Price at posting: $5.54 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $9.07		Change 0.280(3.19%)		Mkt cap ! $4.148B

Open	High	Low	Value	Volume
$9.12	$9.24	$9.06	$13.65M	1.496M

Buyers (Bids)

No.	Vol.	Price($)
4	23274	$9.06

Sellers (Offers)

Price($)	Vol.	No.
$9.08	15995	2

View Market Depth

No.	Vol.	Price($)
1	4213	9.060
3	5648	9.050
1	15926	9.040
2	10781	9.030
2	5013	9.020

Price($)	Vol.	No.
9.140	10000	1
9.150	20139	2
9.160	3454	1
9.170	8588	2
9.180	4213	1

Last trade - 16.10pm 04/07/2024 (20 minute delay)

SFR (ASX) Chart