MIN 1.52% $51.99 mineral resources limited

Ann: FY20 Results Information Pack, page-11

  1. 3,434 Posts.
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    Great result IMO too!

    Highlight for me is slide 25 (History of Value Creation). 309% cash after tax return for Wodgina so far ... and that doesn’t count the free carry on the 40% still held + 40% of Kemerton! Whilst this is an out-of-this-world return for a project within 4 years, the figures for Mt Marion and Carina ... + the averaging 26.6% after tax returns since listing reinforces just how good CE and his entire team at MIN are.

    What a day for WA mining services businesses ... my other WA services holding also reported a similarly fantastic result. My thanks from the other side of the continent!

    Cheers
 
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