Have S32 Made the Right Call Selling Illawarra?
We start with the hottest news of the day, South32 (S32) selling one of their strongest cash producing assets Illawarra.
Next, we dive into Emerald Resources (EMR) half year result showing solid performance in Cambodia couple with a difficult time breaking into Australia.
BHP’s decision to trim jobs came up and the decision making behind this was our next focus, before rounding out on a highly levered turnaround play in Metro Mining (MMI).
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
(0:00:47)The help S32 need
(0:02:52)Did South32 make the right call selling Illawarra?
(0:19:58)Emerald's (EMR) slow & steady entry into Aus
(0:26:15)Why are BHP shedding jobs
(0:29:44)Metro Mining - A study on operational & financial leverage