Just read this somewhat dated Newbie vs Oldie battle here.
But I think Newbie is right. If copper price halved SFR would survive. SFR is well and truly in the bottom quartile of production costs. Most of the worlds' tons are now very close to marginal. If copper price halved, into some global deflation event, then production costs would fall similarly. Alternatively, if copper price halved and production costs stayed the same, then barely any copper would be produced, and I don't see any substitute for copper.
The trend of SFR's falling production costs is evident enough of the elasticity in the numbers. Everything is relative.
Just read this somewhat dated Newbie vs Oldie battle here. But I...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.44 |
Change
-0.050(0.48%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.55 | $10.61 | $10.42 | $10.45M | 997.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4314 | $10.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.47 | 198 | 1 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
