They will get taken over, imo.
Might be SFR or someone else but will get taken over for a lot more than the current valuation.
SFR is the obvious choice as they're already a major holder and we/our Board are already in bed with them.
They have about 4 years left in their DeGrussa mine so will need to bring something online pretty quick and way before the 4 years is up.
ADT needing to start mining within two years.
It all sounds like a plan!
Google Sandfire Resources and it shows you that they're scrambling and doing deals left, right and centre.
ADT's project looks like a beauty and those grades are ridiculous.
64m @ 34.6% ZnEq &
66m @ 35.5% ZnEq
Anyway, happy sitting on my holdings here and seeing it play out - the daily stuff is entertaining.
Cheers,
GB.
They will get taken over, imo. Might be SFR or someone else but...
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Last
$4.08 |
Change
-0.090(2.16%) |
Mkt cap ! $918.1M | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.20 | $4.06 | $333.3K | 81.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $4.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.10 | 140 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
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