Hartleys Research has a 12-month price target of $1.90 on Sheffield Resources and a “buy" recommendation.
It said that the company’s Thunderbird is a significant mineral sands project that can add considerable global supply. The PFS for Thunderbird is expected in March 2015.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
