https://www.copyright link/street-talk/glencore-sells-csa-copper-mine-in-nsw-for-us1-1-billion-20220317-p5a5ml
Over $1bn plus a royalty - for an asset that will earn less than AMI this year
And significantly less once Federation kicks in
This should lead to a re-rate
Or widespread agreement that the SPAC promoters are just in it for the ‘free’ slice of equity
CSA
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Mkt cap ! $287.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $296.5K | 1.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 9055 | 17.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 385447 | 7 |
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