If you go back through SFR Annual Reports you'll see they have spent $20M every year on exploration so have probably pumped $200M into the ground up there and have turned up very little, only Monty, which doesn't cover that expenditure. In someways DeGrussa has been a social exercise, they have produced well over 500Kt of Cu to date and only returned 63c in divvies, about $100M, the original DFS had operations to 2019 returning an NPV of $1.3B, it was barely worth the effort IMO.
Tubber
Quiet achiever - SFR 29% up the last couple of months., page-9
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$10.16 |
Change
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Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.35 | $10.05 | $19.19M | 1.890M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6572 | $10.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $10.18 | 4290 | 1 |
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