S32 0.40% $3.77 south32 limited

Sierra Gorda copper mine, page-46

  1. 528 Posts.
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    I don't give much credence to Simply Wall Street as they have quite a few truly crazy valuations but
    S32 does have some great Silver, Zinc assets that will be developed in this Commodity Cycle as well as aluminium/copper/Lead/coal long life stuff.
    Give this cycle time and 2023 should be an absolute boomer for commodities whereas 2022 may disappoint a little as already high Prices may need to consolidate.
    My main focus is on 2 factors A) inflation and B) Metals stockpiles which appear to be falling through the floor
    Please DYOR & IMHO mainly because all things appear to be in a bubble else I would be absolutely certain of the above
 
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