S32 1.86% $3.70 south32 limited

Fair value of $4.38, page-15

  1. 9,043 Posts.
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    How much premium over todays price would FMG pay. Somewhere between $3-$4 a share. Hermosa is going to be the Jewel in the crown. i am disappoint in their efforts at exploration since splitting off from BHP. A new some people with knowledge of how BHP was run, so much of upper management was about positioning themselves for a higher position, they compared to GM in the US. No one really giving shit and only caring about themselves. Let face BHP about its Iron orem Olympic dam and its copper in South America. Its history is littered with failure. Magna Copper, merger with Billiton of South Africa, and shale oil in the US. $50-$60 billions of wiped off share holder wealth in that lot. Is S32 still a bit like its old parent, is the ? I pose.
 
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