Lifeisabeach, tantalizingly close, yet unknown. The post from...

Lifeisabeach, tantalizingly close, yet unknown. The post from JandJ resonates with me. Big houses picking up the big prospects with eye to the future. Think comodities for the "fourth industrial revolution" because thats whats on their minds and securing big commercial deposits in anticipation.

As we move into real time change to EV's and sustainable sourced power, not to mention India's developments as an emerging nation some resourses are goingbto be in huge demand.

South32 with their $19 bill MC have spent mega over the last couple of years entering into JV's , development of prospects , taking out projects and the like. Their ballace sheet is still healthy with i think $700 mill pre tax profit in their last year trading. (Check my figures but had a look on weekend). They have out manovered BHP in some areas and I'd guess BHP is hurting. BHP have some neighboring tenement and will no doubt be watching the play.

im picking when/if an aggreement is reached we may not see huge SP movement butbwe will know were we are heading and increased MC should follow soon enough.