Key Insights South32's estimated fair value is AU$3.64 based on 2 Stage Free Cash Flow to Equity South32 is estimated...
South32 is claiming a 1.5% soil sample royalty payment on the gross revenue that IGO earned from its interest in the mine from December 2014 until September 2023. The claim to the royalties arises from a 2002 agreement, which granted exploration licences to IGO, and included the obligation to pay royalty if minerals were discovered from the soil samples, the battery metal producer said in a filing.
Key Insights Significant control over South32 by retail investors implies that the general public has more power to...