SFX 3.23% 30.0¢ sheffield resources limited

The grades reported to date look quite good & future discovery...

  1. 154 Posts.
    The grades reported to date look quite good & future discovery prospect are promising but the demand & price for both zircon & rutile have been declining & worldwide discoveries of mineral sand deposits are increasing.

    Iluka has reported reduced demand & price & have lowered their extraction rates as well as their interim dividend.

    Iluka's price has declined from $16 to about $9.

    Perhaps this is the reason for the fall in SFX
 
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