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3.23% 30.0¢ sheffield resources limited

Opportunity knocking, page-187

  1. NL57
    1,275 Posts.
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    11/02/20
    17:18
    Post #: 42868896
    my reading of the offtake agreement is that quantity is fairly well set but price isnt
    the coronavirus scare is developing and China may well need to reduce demand for HMS related product.
    how do prices then fare over next 6-18 months for SFX?
    Revenues could be outweighed by opex/ tn as are fairly fixed not variable my guess.

    Mothballs may be the best, similar to what some Lithium producers have had to do.
    SFX Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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