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  1. #41
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    Jan 2020
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    Quote Originally Posted by clearasmud View Post
    Thanks mate. Had a beautiful bounce , due for a retrace or will it push through now due to the above news?

    couldn’t tell answer you but as you’ll see from latest announcement Metal tiger has announced intentions to acquire shares equal to 2% of the market cap and thats just the start.

    OZL minerals trades on a valuation over double that of Sandfires.
    after Sandfires recent acquisition, Sandfire is now larger, with at least equal growth / opportunities and management. Preciously SFR had been given a lower valuation due to its small size and the very near end of life of its only producing mine, both of those factors have changed significantly and been resolved in the case of mine life
    over the next year I think we will see their valuations come into much closer alignment.

    its Sandfires AGM today so I shall be watching

  2. #42
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    Jan 2020
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    Shareprice up 26% since I bought in roughly two months ago.

    All approvals for MATSA sorted

    https://cdn-api.markitdigital.com/ap...df02a206a39ff4
    acquisition is all go.

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