Yeah Debt to Equity ratio is a bit of concern, But if Chris Ellis puts on his big boy trousers and gets responsibly committed, it could be paid down in MIN's favor, Particularly with Onslow just starting up to generate income and also a turn up in Lithium prices along with iron ore.
I believe Chris Ellis would have a good grasp of what it takes to keep it viable.
Ann: Application for quotation of securities - MIN, page-5
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