SFX 4.88% 19.5¢ sheffield resources limited

I hope $7 is correct, but that would surely be a valuation from...

  1. 7,791 Posts.
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    I hope $7 is correct, but that would surely be a valuation from a year or two into production if a TO were to come at that time?

    Before production, and certainly before a positive NT decision, they may be more than happy with the ~$3 area?

    I would hope that any offer that did materialise, would have ongoing equity as well as cash.

    Who knows, its all guess work, just as investing in any ticker on the ASX, guess work (educated or otherwise) and luck!

    Cehers

    Cabe
 
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