S32 4.82% $3.70 south32 limited

Speak to me those in the know!, page-5

  1. 5,572 Posts.
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    The S32 chart has been range trading 3.10-4.00 for 18 months.

    PE is unchallenging and brokers rate it above current prices. Commodity prices all reasonable. Production hiccups in SA Al smelting on electricity supply issues.

    $680m in cash at HY. SA steaming coal sale soon. Meanwhile, existing operations continue to throw off free cashflow. Wonder what GK & team have planned for the ca$h? Trilogy Metals is only $150m, so they must have some other irons in the fire. NickelWest?

    Ash
 
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