Agree, And realistically the PFS and DFS complete will bring in the biggest funds and perhaps the FID/decision to mine will bring in the super funds, a lot of risk off the table. Lucky us 'common folk' are not bound by their risk tolerance and investment restrictions and can get in at sub 20c load up, apply patience and ride this past $5 mark.
IMO SFR is a stock I look to be in same league (Different commodities) but SOI was always kept low by management, They have 1 high margin project Copper and high Gold credits, which has kept them out of Debt and that Cashflow has underpinned their other global development and exploration projects. MC has ranged from (1.6bn - 600m) depending on commodity cycle, And best of all for LT SH their dividends has been very rewarding. Their mid and final year dividends combined for last 2 years have been over 20c fully franked.
I don't hold SFR stock, I just like their the way the coy was run, and am hopefully BSX will be better placed than them once Vietnam is up and running, Canadian JV in place and seeking more Ni deposits elsewhere. I am holding BSX very LT and will be enjoying my dividends
BSX Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
