Mr Market will mark S32 down on the net loss after tax of $US230m.
Writing down Cerro Matoso and Worsley is good accounting, lousy optics.
Feeble gesturing at the EBITDA of $US1,802m won't offset the bottom line figure.
It is all-in on Hermosa, budgeting $US600m capex in FY25. That is a big bucket of capital.
I have pulled my greedy low-ball bids on the expectation it will go lower than that.
Holders should closely track base metal prices.
Ash
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.94 |
Change
0.040(1.38%) |
Mkt cap ! $13.25B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.01 | $2.94 | $78.78M | 26.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 251989 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 2724 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| S32 (ASX) Chart |