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
Today's AFR interviews AAL CEO saying no decision on selling...
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Last
$3.68 |
Change
-0.060(1.60%) |
Mkt cap ! $16.66B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.70 | $3.63 | $46.35M | 12.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16139 | $3.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.69 | 45098 | 7 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |