Wholeheartedly agree on distaste for scrip dilution, curious. I was seeking to illustrate S32 has genuine M&A options. Also, SFR's Cu Zn and Ag would sit very nicely within S32 (I hold both so scrip is OK by me).
The hard part is finding quality mines at a price that makes sense.
I previously noted that as a multi-metal miner, S32 can be agnostic about where it finds value.
Tin? Sure! More Manganese? No problem! More Copper? Anytime! Aluminium? Molybdenum? Silver? If GK and team can see it, I'll back them.
Ash
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