Mr Market has decided BH & team will hit their production targets, Motheo is worthwhile after all and incremental productivity at Matsa actually delivers bottom-line benefits.
PoC looks more cheerful and the 1H due early February might even show debt reduction, despite the significant capex.
SFR is restless. It wants another Cu mine, both to build out the business and to ward off predators.
But then, every miner out there wants more Cu - look at the big price Khoemacau went for.
Another thing to look for is construction of a concentrator at Sotiel. The 73mt orebody is sorely underused, producing 500kpa. The project is low risk as the mine exists and the ore is well understood. It is mainly Zn Ag, which is fine by me.
Ash
SFR Price at posting:
$7.26 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)