StockDoc60 wrote:
Sibanye-Stillwater Weighs Buying Copper, Other Metals Amid Clean Energy Trend
From a Wall Street journal article in January 2020
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If this article telegraphs their intentions ,then maybe they have their sights on GENM for a takeover .
Not sure if they consider it "operating " now or after " mine is built "( Then again , is there enough copper for their interest ?)
if they buy us out is it better now or after mine starts operating for our best return ?
If it's 2.00 value now what then ?
thoughts ????
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Sibanye already has a broader portfolio than just gold, with 51% of its production coming from platinum and 41% from palladium. These metals complement other resources such copper, lithium, graphite, cobalt and nickel, since all of these materials are used in electric-car engines and other parts of the auto industry, Mr. Froneman said.
Any move into these metals will be done through acquisitions of operating miners rather than through exploration or developing green-field sites, he said. The company, though, will prioritize paying down debt and dividends before turning to strategic moves—such as acquisitions and moving the company’s primary listing—in the second half of the year. Moving its listing would help Sibanye access international investors and grow its business outside of South Africa,