Lithium and Iron ore won't hold up forever? Are you sure about that? Last I checked everything was still made out of steel. Especially what's needed for the energy transition. Lithium supply will be needed for the next 50 years. Our deposit won't even last that long.
Gas? Sure gas is nice, but it was a $1.2bil NPV at 50% risk weighting that's $600mil.
Min will earn around $3bil this year, and forecast to earn $6bil next year and $8 bil the year after. The gas project was a rounding error.
Notice anything about this NPV calculation from Macquarie for MIN?
Ann: Lockyer-2 gas appraisal well results, page-11
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$52.66 |
Change
-1.760(3.23%) |
Mkt cap ! $10.34B | |||
| Open | High | Low | Value | Volume |
| $53.56 | $53.80 | $51.81 | $99.43M | 1.887M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $52.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $52.69 | 150 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |