S32 0.70% $2.86 south32 limited

Aluminium back to Jan highs, page-25

  1. 1,563 Posts.
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    @Prophets
    Actually that was what i was pointing out (How much does it matter?)

    Make no mistake SA is a mess on 2 fronts COVid and power supply costs
    and this will adversly affect S32
    that being said and done the company isn't a 1 horse pony

    so IMO other parts of the companies revenue chain should be able to counter the negatives of SA
    and a gradually returning/increasing Aluminium price will stabilise profits 20/21 financial year.

    So im cautious / optimistic that s32 has now bottomed,. brave call before the release of figures

    @DiggingforGold -- my source for the 12% is this article just above first picture in the article
    https://www.fnarena.com/index.php/2020/03/25/south32-manganese-supply-to-tighten/


    Really - DYOR








 
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