I agree with most of the comments above and am perplexed that the SP is slipping. A couple of months ago I got into S32 at 410c (and another couple of thou a few days ago) after deciding to get into rare earths. Now that S32 has straightened itself out by dispensing with a lot of the garbage they got saddled with I expect that it is getting ready to find a footing and hopefully move north but as @arja said it is hard to pick if N or S atm. If S then maybe just a little. Their Qrtly rept from25 Oct is a mine of info. Sierra Gorda appears to be a jewel for 2023 results. Aluminium price can turn on a sixpence so it's just an unfortunate circumstance that it is affecting the SP so badly atm. I am waiting to dip further but wait till I see a bottom which may be happening atm.
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