Excellent.
S32 put up $US600m in cash.
Slide 18 of the 1H presentation last week says:
Upcoming commitments to be funded from cash on hand and cash flow:
- US$166M purchase price to increase our shareholding in Mozal Aluminium to 63.7%
- US$405M ordinary interim dividend to be paid in April 2022 in respect of H1 FY22
- US$302M remaining to be returned on our capital management program by September 2022
So GK & team are confident the very good metal prices will run through 2022.
Hey, has anyone seen the cost of raising the investment in the Brazil Bauxite mine from 16.3% to 33%???
Ash
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- Ann: S32 completes acquisition of 45% interest in Sierra Gorda
Excellent.S32 put up $US600m in cash.Slide 18 of the 1H...
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