02.29.2024 - By Mineral Media
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. Thank you to our Podcast Partners: VRIFY – Communicate in 3D [email protected] InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry [email protected] DSI Underground – Ground Support gurus https://www.dsiunderground.com/contact SMEC Power & Technology – Electrical experts [email protected] McMahon Mining Title Services (MMTS) – Australia-wide tenement services https://www.mmts.net.au/#contact Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more [email protected] KCA Site Services – Underground mining machine [email protected] Brooks Airways – Perth’s leading charter flight operators [email protected] K-Drill – Safe, reliable, and productive surface RC drilling [email protected] Buy your Money of Mine MERCH here Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Money of Mine on YouTube Money of Mine on Twitter Money of Mine on LinkedIn Money of Mine on Instagram
(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