HAV 2.33% 22.0¢ havilah resources limited

Another possibility is BHP spin-off, S32.S32 announced this...

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  1. 2,587 Posts.
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    Another possibility is BHP spin-off, S32.

    S32 announced this morning that it has entered into a binding agreement to sell Illawarra Metallurgical Coal for up to US$1.65 billion (Transaction). See Post #: 72659683.

    S32 CEO Graham Kerr said: “This Transaction ,,, will streamline our portfolio, strengthen our balance sheet and unlock capital to invest in our high-quality development projects in copper and zinc."

    The intent to develop copper projects is there. Whether S32 is also open to acquisitions of pre-development copper projects like Kalkaroo is another matter.

    DYOR
    Last edited by Guerilla: 29/02/24
 
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