S32 0.00% $3.62 south32 limited

Hermosa the monster, page-23

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    GK in the September Q:

    We expect to complete the selection phase of the pre-feasibility study for the battery-grade manganese Clark deposit by the end of CY22 and make a final investment decision for the zinc-lead-silver Taylor deposit in mid CY23.

    ______________

    Ash here.

    Big beasts like S32 don't announce every beat of butterfly wings. The last significant update on Hermosa was 17 Jan 2022.

    Significant drilling has happened in the year since, mostly to better define the resource.

    Equally, concentrator process design, permits, water, power and logistics will have advanced.

    I think we are in for a pleasant surprise in coming weeks.

    Ash
 
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