SFR 0.09% $10.55 sandfire resources limited

As an aside, looking at the bigger picture, part of the reason...

  1. 337 Posts.
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    As an aside, looking at the bigger picture, part of the reason we find ourselves in our current critical mineral crisis is underinvestment. The way a lot of mining companies have created value for share holders has been divis and buy backs. This has led to underinvestment in growth, finding and proving up new resources and diversifying in upcoming minerals (just look at the majors with their pants down in the lithium game, or more aptly, out of it). All that could have been more wealth created for share holders. I am not saying dividends (and impunity credits) are bad but just a bit of perspective on the contrarian view. The positive from this macro enviroment, the declining cu grade, underinvestment, mines downgrading guidance is that supply will dry up and another scramble will ensue
    Last edited by drsking: 29/09/22
 
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