SFR 2.99% $10.68 sandfire resources limited

triangle breakout, page-30

  1. 2,721 Posts.
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    Tah,

    All depends on contracts and when signed etc, but for teh sake of doing an IGV valuation use a 10-15% discount to spot in your estimates, no brains behind that just a discount factor.

    Todays news was fully priced in , a case of sell the fact, exploration upside will be the impetus to get the sp moving.

    On a further note does anyone know what is required to monetise this resource, apart from the capital required to ste up a mine, what logistics are required set up the relevant infrastructure to support a commercial mine. My understanding is that their is no current transportation (rail etc) near their land, so woudl be interested to hear others views

    K
 
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