The Aus/usd has dropped to a year low now of 0.615
that massive USD debt load is continuing to increase in AUD denominated terms. Then there’s the USD 400m prepayment whivh would also be increasing when converted to AUD
Not sure how MIN are ever going to make any sizeable reduction to their debt load given the profitability of their ops are marginal at best (excluding Onslow). Then you have sustaining capex costs and the massive interest charges to service c their debt
you also have the significant rehabilitation costs for the yilgara hub which will need to taken out of cashflow/debt as well
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Last
$20.69 |
Change
-1.360(6.17%) |
Mkt cap ! $4.065B | |||
| Open | High | Low | Value | Volume |
| $22.00 | $22.00 | $20.53 | $168.3M | 7.775M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28160 | $20.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.74 | 7298 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MIN (ASX) Chart |