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South32 (S32) Ltd $4.415

S32 popped to fresh all-time highs yesterday implying there’s more upside in many of the resources stocks especially when we consider the stocks strength following the company’s recent downgrade to its manganese production guidance, plus there are concerns around its coal divisions output. MM aren’t buying / chasing pops in 2022 but we do believe most Australian miners have further upside.

S32
MM likes S32 while it can hold above $4.20
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South32 (S32) Ltd
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