S32 4.82% $3.70 south32 limited

Looks ideal to me.Copper! The right metal to produce in this...

  1. 5,572 Posts.
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    Looks ideal to me.

    Copper! The right metal to produce in this electrical revolution. Some molybdenum, gold too.

    A young mine needing vision and capital.

    S32 would require operatorship, sounds possible.

    Technicals: https://miningdataonline.com/property/170/Sierra-Gorda-Mine.aspx

    The dreary buy-backs are over.

    Sierra Gorda and Matsa together would make S32 a significant Cu producer: SG 140,000 - 296,000 + Matsa 100,000 = 240,000 to 396,000t.

    Electric heavy mining machinery is imminent and will transform costs on large-scale low grade deposits.

    Do it,

    Ash

 
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