Thanks Mate - BHP is interested in the exploration potential of the Kalahari belt (via its Xplor program) - There is no direct interest in SFR so far but it is safe to say SFR will be very tempting to them right now.
155k copper equivalent per annum - 15 year reserve life at Matsa and Motheo , Plenty of resource still to drill out and convert, steady operations at both sites. All that for what $6-$7 billion Aussie? Much less in USD
Belt scale exploration opportunity comes for free!
They need to steer the business away from iron ore in next decade - Copper is their answer and every bit of production counts.
SFR Price at posting:
$9.80 Sentiment: Hold Disclosure: Held
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