S32 0.80% $3.70 south32 limited

Excellent.S32 put up $US600m in cash.Slide 18 of the 1H...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,581 Posts.
    lightbulb Created with Sketch. 1390

    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
 
watchlist Created with Sketch. Add S32 (ASX) to my watchlist
(20min delay)
Last
$3.70
Change
-0.030(0.80%)
Mkt cap ! $16.75B
Open High Low Value Volume
$3.69 $3.80 $3.68 $83.25M 22.28M

Buyers (Bids)

No. Vol. Price($)
7 141119 $3.70
 

Sellers (Offers)

Price($) Vol. No.
$3.74 12390 4
View Market Depth
Last trade - 16.10pm 15/10/2024 (20 minute delay) ?
S32 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.