Ash, I would be confident S32 has a “capital management plan”.
great time to sell coal assets, and yes a good entry price for copper.
An efficient way to enter copper would be to consolidate junior explorers that have copper resources. ie CNB, HMX or TNC, and the like. S32 already has assets in the Mt Isa inlier and to consolidate future copper mines would be logical.
A turn key copper mine would be very hard to acquire as they would be bidding against BHP.
good hunting.
S32 Price at posting:
$2.99 Sentiment: Buy Disclosure: Held
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