S32 1.34% $3.68 south32 limited

News: S32 UPDATE 1-South32 CEO Kerr says open to buying joint Anglo American manganese assets, page-15

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    Today's AFR interviews AAL CEO saying no decision on selling their 40% of the manganese JV with S32.

    AAL's platinum, diamond, nickel and coal operations are definitely up for sale.

    S32 may or may not be interested in nickel, as I opine above. https://hotcopper.com.au/posts/74069308/single

    GK & team have ready money, want operating metal mines, know Brazil and already play in the nickel market.

    At a minimum, an AAL transaction puts a contemporary valuation on Cerro Matoso.

    Watch and wait.

    Ash
 
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