Sandfire boss says market blind to its copper upside after record result
Brad ThompsonReporter
Updated
Sandfire Resources boss Karl Simich has declared the market has grossly undervalued the miner after a big jump in profit driven by its flagship DeGrussa copper mine in Western Australia.
Mr Simich said analysts were putting a value on the DeGrussa cash flow and nothing else in terms of the company's exploration prospects, assets in the United States and other interests.
Loading...
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Companies
Fetching latest articles