I revive this thread as the risk of an opportunistic takeover of SFR has risen considerably. BH & team need all the value within SFR on full display.
Sotiel is a substantial, unused (100ktpa) mine. Grades over 8% ZnEq are considered economic, as Sotiel is. ZnEq is how Zinc mines are valued.
Eastwest's comments above are timely. Lead sells for $US1000t, Zinc for ~$US1500t. It isn't worth much. The Cu grade makes this mine.
Sotiel is 73mt grading 0.9% Cu, 3.0% Zn, 1.3% Pb, 31g/t Ag. Half Matsa's total Mineral Resource.
SFR needs to lay out this interesting project for all to see and put a price on. It is early in the project's life, yet the asset already has value.
Ash
Sotiel, page-10
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.63 |
Change
0.080(0.94%) |
Mkt cap ! $3.947B | |||
| Open | High | Low | Value | Volume |
| $8.62 | $8.78 | $8.49 | $21.53M | 2.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 59482 | $8.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.70 | 2784 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| SFR (ASX) Chart |