All's Good In The Lundin Mining Camp And The Company Is Correctly Valued
- Lundin Mining has a very diversified asset base, focused on copper, zinc and nickel.
- As the Eagle Nickel mine will be in production by the end of this year, Lundin's capex requirements will drop from next year on.
- Lundin will need to acquire new projects to fill its pipeline, and I expect the company to become active on the M&A front later this year.
- Lundin Mining seems to be fully valued, but its robust balance sheet and huge free cash flow from next year could be very important for further share price developments.