S32 0.52% $3.87 south32 limited

Eagle Downs, page-26

  1. 795 Posts.
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    Why are S32 so anti developing Eagle downs?

    They've had a couple of goes at selling it and on paper atleast it seems like a really good asset..... low cost production and 50 year mine life but no real interest from any buyers it seems..
    off memory they didn't pay a whole heap for it.... $150m odd for their 50% stake, would have to be worth far more than that now?
 
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