BHP’s Massive Write-down + S32 try Polish Hermosa
BHP gets us rolling today with an announcement on exceptional items (read Nickel West write-down).
South 32 (S32) was next on the block with their half year result and their notable decision to press on at Hermosa.
Wesfarmers (WES) gave an update on Mt Holland which we touched on as well as Whitehaven’s (WHC) half year numbers.
Plus a rapid fire on Capstone, KIN/PNX, OBM + TNC.
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
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(0:00:00)Introduction
(0:01:08)Going through the quality checklist
(0:05:27)BHP's BIG writedown
(0:16:17)S32 try to give Hermosa a bit of shine
(0:42:57)Wesfarmers up & running at Mt Holland
(0:44:53)Whitehaven's big drop in cash flow
(0:50:00)Capstone Copper's chunky capital raise
(0:50:56)KIN + PNX in talks
(0:54:10)Ora Banda on the up
(0:55:29)True North give some colour on Cloncurry