@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/
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No. | Vol. | Price($) |
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9 | 122793 | 2.990 |
5 | 211327 | 2.980 |
9 | 377109 | 2.970 |
19 | 163328 | 2.960 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 136031 | 3 |
3.020 | 167868 | 6 |
3.030 | 174969 | 13 |
3.040 | 132825 | 5 |
3.050 | 42667 | 8 |
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