Two authoritative articles for Ambler aficionados. Have a read.
https://news.bloomberglaw.com/environment-and-energy/alaska-mine-roads-future-hinges-on-obscure-national-parks-law
https://www.eenews.net/articles/welcome-to-the-critical-mineral-craze-k-street/
There are two conflicting absolutes to reconcile here: metals to enable the electricity revolution and the need to protect a pristine environment.
Ambler is a first rate resource - high grade and large. Everyone loses if the USA delays permits until copper prices strangle needed development.
S32 needs to diligently engage in the debate with thoughtful logic and a great deal of patience.
JV partner Trilogy is low on cash and therefore energy. Market cap $C112m. They will need to issue more shares. Who but S32 would buy?
Ash
Trilogy - Bornite, page-78
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Last
$3.82 |
Change
-0.030(0.78%) |
Mkt cap ! $17.30B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.80 | $37.06M | 9.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 129199 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 139242 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |