My guess it is purely due to a lack of exploration success, particularly in the AUR ground, they only have 3(ish) years left before the feed to De Grussa stops, so anything found from now on will not be ready for the plant before it runs out of feed.
IMO unless they find anything soon, the MC will slide back to the profit they will make over the next few years.
Tubber
News: SFR Sandfire Resources Posts Qtrly Production Figures & FY19 Guidance, page-14
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Last
$10.38 |
Change
0.170(1.67%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.40 | $10.29 | $1.432M | 143.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 603 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.38 | 2491 | 7 |
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| Last trade - 10.20am 22/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
