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  5. LUN: With these recent legal problems in Chile, and delays on re-opening the mine, Is LUN still a HOLD and should I sell as they may be in limbo for a while. [Lundin Mining Corporation]
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Q: With these recent legal problems in Chile, and delays on re-opening the mine, Is LUN still a HOLD and should I sell as they may be in limbo for a while.

Thanks
Ken
Asked by Kenneth on June 13, 2023
5i Research Answer:

LUN's Alcaparrosa project has been halted, following the sink hole that opened up last year. While certainly not good news, the halt may be temporary, and was always a possibility. The low valuation of the stock likely reflected part of this potential already. Growth is still expected overall, and with its strong balance sheet and other assets we would still consider it a decent copper company worth holding. It may not do much in the short term, however. 

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