MIN 3.39% $44.81 mineral resources limited

$100 share price, page-398

  1. 12,743 Posts.
    lightbulb Created with Sketch. 1336
    Just read a whole lot of commentary on STX forum.

    Here is my take.

    The recommendation as to export is variable and depends on available amount of onshore gas.
    The amount of onshore gas available depends on the size of the gas producing plants to be built.
    The finance for the gas producing plants is likely to be overseas capital.
    The overseas capital will be available for a known amount of gas to be exported at a known price.
    The known gas price will be available once the ratio of gas to domestic/export is known.

    It is likely the policy will be announced after the next WA election which is to be held in March 2025.

    It would seem that with a bit of convincing (other than complete exemptions) that anywhere between 15% - 50% of the onshore gas may be exported. My opinion only.
    Whether this is enough for Chris Ellison is the big question.

    Cheers....D
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
(20min delay)
Last
$44.81
Change
-1.570(3.39%)
Mkt cap ! $8.805B
Open High Low Value Volume
$45.75 $45.90 $44.75 $51.40M 1.141M

Buyers (Bids)

No. Vol. Price($)
1 47 $44.81
 

Sellers (Offers)

Price($) Vol. No.
$45.00 5012 3
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
MIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.