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
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 (20min delay)
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Last
$3.05 |
Change
-0.070(2.24%) |
Mkt cap ! $13.73B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $3.02 | $47.01M | 15.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42835 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 52788 | 7 |
View Market Depth
| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| S32 (ASX) Chart |