SFR 3.03% $8.63 sandfire resources limited

The other thing SFR could do to boost their share price (and may...

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    The other thing SFR could do to boost their share price (and may well do when the two project's look safer). Is start using cash to buy back their shares. I said that Black Butte and Tushukudu should be optimally debt funded to lift IRR.

    EPS could also be mightily enhanced by a vigorous share buyback. That has been done a little before.

    I thought CMO's SP net of cash is around $2.72/share could show a strong earnings profile.

    I agree SFR looks riskier at present however, from my perspective that's where the return lies and these guys have a decent track record.
 
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