Finding a tier 1 copper project via exploration will be near impossible especially since s32 inherited no exploration tenements. Yes, I know they are taking stakes in juniors for this, but it’s a huge gamble. Equally their are no tier 1 copper deposits for sale, and or if they were they’d be highly dilutive to s32’s market cap.
So not holding my breath. Equally if I want copper, I’ll just increase my exposure to BHP and RIO. This is a base metals and aluminia play, something you can’t get from BHP anymore. RIO has the aluminia that’s it.
Finding a tier 1 copper project via exploration will be near...
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Last
$3.55 |
Change
0.060(1.72%) |
Mkt cap ! $14.49B | |||
| Open | High | Low | Value | Volume |
| $3.51 | $3.56 | $3.50 | $47.82M | 13.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 157870 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.55 | 124097 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| S32 (ASX) Chart |
