S32 announced in the June Quarterly it invested $C11.1m for 9.9%...

S32 announced in the June Quarterly it invested $C11.1m for 9.9% of Aldebaran Resources. While not a large enough investment to be announced separately, it is a fun move by GK & team.

The main asset Altar East and Altar Central is a Measured and Indicated body of 1,198mt grading 0.4% Cu. For comparison, Sierra Gorda is considered 0.48% grade.

https://aldebaranresources.com/news-releases/2021/aldebaran-announces-updated-mineral-resource-estimate-for-the-altar-copper-gold-project/

Many punters from the IEA down to me foresee eye-watering demand for Cu in the electrical revolution.

S32 has put its foot on another significant Cu project it expects will become economic when predicted insistent demand arrives.

Small $ spend, well played.

Ash