Thanks for the Aluminium chart, Desert. Explains the recent rise in S32, more to come if the price stabilises here.
My point about Taylor 1a needs fleshing out.
Rule of thumb for miners is to build for a 15 year mine life. Taylor has a 28 year life on this first operation and the orebody is yet to be fully defined. So I envisage a second concentrator, built on the FCF of the first one. Capex for the second will be significantly less as 1a has to carry so much of the establishment costs.
Clark FID depends on the US Government. Does it want a battery grade Manganese resource in continental USA? How badly? S32's development timetable for Clark is deliberately languid, even supine. Incentivise me, GK is saying.
Ash
Thanks for the Aluminium chart, Desert. Explains the recent rise...
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Last
$3.65 |
Change
0.030(0.83%) |
Mkt cap ! $16.53B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.66 | $3.62 | $47.89M | 13.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3487 | $3.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.65 | 293790 | 11 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$3.64 |
Change
0.030 ( 0.76 %) |
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| Open | High | Low | Volume | ||
| $3.65 | $3.66 | $3.63 | 5013746 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| S32 (ASX) Chart |