I read the following on the Market Index site today...

I read the following on the Market Index site today (https://www.marketindex.com.au/news/commodity-spotlight-iron-ore-lifts-on-chinese-stimulus-aluminium-supplies). GIven that aluminium/alumina is our largest contributor to revenue, it is another good sign. Perhaps the current weakness is a case of traders/speculators factoring in a drop in demand which is not in keeping with the the reality of supply/demand fundamentals. From the Market Index article:



I am excited about the future prospects for the commodities South32 mines and almost hope for share price weakness over the next six months to add to my position. I've been watching a lot of Rick Rule videos lately on YouTube. He was kindly recommended to me by a poster here on this forum and I'd never heard of him before. He believes the demand for copper is insatiable and a recession will only delay the inevitable shortfall in production vs. demand as decarbonisation will require more copper than can be mined.

Interestingly, a Livewire video published today sees two fund managers both provide their analysis and recommendation for S32, which is totally at odds with the recommendations on FNArena. Still, when everyone agrees on a stock I hold I get nervous. It's good to have some disagreement! Enjoy: