SFR 0.43% $10.54 sandfire resources limited

Clearly we are not getting something here Shady. I just don't...

  1. 4,306 Posts.
    Clearly we are not getting something here Shady. I just don't get it. Just read the 1st page " FY2016 production guidance maintained: upper end of 65 - 68kt of copper, midpoint of 35 - 40koz of gold; lower end C1~US$0.95 - 1.05/lb"

    So we hit the upper end of copper production, the midpoint on gold and pull out the trifecta with costs at the lower end. So what happens? We dive from $5.50ish to $5.00 within 24 hours. Well stuff me - hate to think what would happen if it was a bad Qtly!!! I also note your comments on exploration - all good with plenty of upside. I have loaded up as far as I can afford on this one - average now $5.36.

    Hold fast I say. Surly the rest of the world will wake up soon! Or am I just seeing things through rose coloured glasses?
 
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$10.54
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