SUH
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0.00% 2.5¢ southern hemisphere mining limited

Copper price surges to 32 month high

  1. Paul Ryan
    308 Posts.
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    17/08/17
    19:04
    Post #: 26572779
    On 10 September 2012, the Company delivered a NI43-101 JORC compliant Resource Upgrade of 145Mt grading 0.40% copper equivalent which attracted a JV with Lundin Mining. This was terminated when copper price plunged. Copper is now on the rebound:
    http://www.mining.com/copper-price-surges-32-month-high-hedge-funds-place-20-billion-bet/
    From July 31st quarterly activities report:

    “The Company is seeking to realise short term value for shareholders via existing assets, whilst working on identifying new and exciting exploration or production opportunities in Australia and elsewhere”

    http://www.shmining.com.au/images/reports/20170802_SUH_Quarterly_Activities__Cashflow_Report.pdf
    SUH Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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