SFR 1.08% $10.32 sandfire resources limited

ore reserve, page-8

  1. 685 Posts.
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    Cool thanks, did flag it as quick numbers... for our new poster Menzy. Early 2022 if you listened to the 2H19 results Q&A

    Last I heard Thaduna/Green Dragon forfeiture was not a done deal either. Why else would they flag it as a possible source at 150,000t  https://thewest.com.au/business/mining/sandfire-looks-to-bridge-looming-production-gap-ng-b881110435z

    150,000t is a small number but it is better than nothing.

    2022 is a fair way away. That is priced in IMO. It was never said that DeGr was going to be a tier 1 asset and not in such a short period of time and not under the current spend. You need  a handful of billions in spending and a decade to develop a tier 1 asset.
 
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