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It’s just classic cashmong, no real clue what they are talking about. I think your employers may need to cut your day rate.
“ NSR 2% Not Really A Game Changer For A Long Time ! Imo ! - WRONG. It is a game changer now, they have already received offers for it. I anticipate the NSR over A4 May well be crystallised in some capacity.
£500 Million “Profit” Would Equate To £10 Million To The Tiger ! - WRONG. That’s not how it works at all.
One Day it will be a nice income stream , maybe 4 or 5 Years Time imo” - WRONG. It will be an income stream as soon as copper is being produced (assuming they are all held) which will be 2years.
Fool. You've just said it's going to have a multi-million pound value, £10m is what percentage of our market cap? And that's just likely to be the value of one dome, potentially one of many... The other route is that someone takes it off our hands - I mean, people don't buy things that have inherent, proven value, do they? Certainly a better income bet than 10p a post from a spiv broker...
Fool. You've just said it's going to have a multi-million pound value, £10m is what percentage of our market cap, circa 30%? And that's just likely to be the value of one dome, potentially one of many... The other route is that someone takes it off our hands - I mean, people don't buy things that have inherent, proven value, do they? Certainly a better income bet than 10p a post from a spiv broker...
NSR 2% Not Really A Game Changer For A Long Time ! Imo !
£500 Million “Profit” Would Equate To £10 Million To The Tiger !
One Day it will be a nice income stream , maybe 4 or 5 Years Time imo
NtG I think your query has been answered?
Thanks Taylot, the silver credits also need to be taken into account when calculating the royalty valuation.
A4 is the target Sandfire are currently drilling - very aggressively, thats also alongside a second target “son of A4”. Both are within the T3 project area so will feed the T3 plant. Importantly however, both these targets are part of MTRs uncapped 2% NSR which is going to be extremely valuable.
The MRE which is the maiden resource estimate will show/estimate how much copper there is. And on the back of that, workings can be made to ascertain what the value of the NSR will be worth. I believe MTR have made some calculations already so have a fair idea what it’s worth (they have already turned down offers) but it will be great to see these figures publicly. Remember A4 is just the first of many targets... Lovely.
Expected to follow $SFR Im thinking
$SFR Upcoming Events and Key Dates
30 Sept 2020
Release of 2020 Annual and Sustainability Report
But now its been changed
Upcoming Events and Key Dates
2 Oct 2020
Release of 2020 Annual and Sustainability Report
https://www.sandfire.com.au/site/content/
Little side bet Sir Forest that the figures don’t come out by 30/9; you up for 10p wager ?
Hey Nelson. See the RNS from July 20th. A4 is a prospect of Sandfire, MRE is a measure of potential.
Illaquens
"A4 MRE" - is there a version of this in English?
NtD
I imagine MTR are waiting to release the results at the last moment. They are no doubt anticipating the A4 MRE from SFR imminently.
22nd Sep 2017 12:41 pm BUS Half-year Report
27th Sep 2018 7:00 am BUS Half-year Report
25th Sep 2019 7:00 am BUS Unaudited interim results for the six months ended 30 June 2019
Good Morning all,
New to this board and the relatively new to this share. Does anyone have a view of the interim results date - usually they fall in late September but I cant see any date on the website or on Investegate.
I would very much appreciate any info.
Atb
NtD