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Sandfire Resources Ltd (SFR) $9.07

In our opinion, SFR is the best pure copper “play” on the ASX after BHP swallowed up OZ Minerals (OZL) mid-last year. The trend is up, as are the risks; hence, we aren’t keen to trim/lose our position at this stage of the cycle, even with the miner arguably fully priced with copper at its current level.

MM remains long and bullish toward SFR
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Sandfire Resources Ltd (SFR)
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