Sandfire Resources

Financials:

Primary ticker: ASX:SFR
Stage of development: Exploration, Development, Production
Primary minerals: Copper, Base Metals
Project to promote: Matsa acquisition and Motheo Copper Mine (Botswana)
Project location: Span, Botswana, Australia, USA
Website: sandfire.com.au

Sandfire is a leading mid-tier Australian mining company which has recently embarked on an exciting new era of growth with a clear strategy to expand into an international, diversified and sustainable mining company through the development and operation of long-life, low-cost copper projects in Tier-1 jurisdictions. MATSA is a rare cornerstone asset for Sandfire and has transformed it into a leading global diversified base metals producer. The company is also closing in on commissioning of the Motheo mine in Botswana. Sandfire has a sustainable growth profile to over 100ktpa of copper production, positioning it as one of the ASX’s largest copper-focused producers.

Cash: USD$142M
Debt: USD$570M

Major shareholders:
Australian Super 15%
Ausbil 5%
Yarra – 5%
Dimensional Funds 3%
State Street 3%
Management Ownership – 1.5%

Map of Projects

Management Profile

Ben Crowley – Head of INvestor Relations

Ben is a Geologist and Mineral Economist with over 20 years’ experience in exploration, evaluation, and financing of mineral projects across the globe. Prior to joining Sandfire, he was a Director at Macquarie Securities where he spent 10 years specialising in equity research of the resource sector.

What is your rationale for taking part in 121 Mining Investment?

To promote the recent transformation of Sandfire from a single mine Australia domiciled mid-cap copper producer to a global organisation with a Tier-1 asset operating in Spain and Tier-1 opportunity in the Kalahari Copper Belt.

What recent news would you like to highlight to investors attending?

Motheo ramp up and expansion

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Optimise MATSA, continue Motheo expansion, continue Kalahari exploration

6 Months:
Optimise MATSA, Motheo ramp up to 5.2Mtpa, IPB and Kalahari exploration

12 Months:
Optimise MATSA & Motheo, exploration success in Spain and Kalahari

What do you think makes your company such a compelling investment?

The long term potential of both MASTA and Motheo are not well understood by investors.

What are the top 3 key investor takeaways?

MATSA is a high quality asset with opportunity to increase production and substantially extend mine-life. Motheo is the beginning of Sandfire’s long-term investment in the Kalahari Copper belt and we believe a much larger opportunity in the region.