Some interesting developments regarding our 15% stake in the Canadian listed junior explorer Aldebaren Resources. They've had a pretty good year with continued positive drilling developments. Now Rio Tinto is sniffing around, taking a 20% interest and helping with the exploration and testing process. It will be interesting to see how this plays out and whether we have the option to increase our stake. A simple S32 take-over is potentially a lot more difficult. 30 billion pounds is a massive copper project and even with the 15% stake it's a nice position to be in if this gets built.
The interview is from YouTube channel Crux Investor.
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Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $12.98B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.92 | $2.87 | $88.55M | 30.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14666 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 123171 | 6 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| S32 (ASX) Chart |