MIN mineral resources limited

MIN chart, page-1538

  1. 293 Posts.
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    Unfortunately as much as I want this to go up I think it’s mainly pegged to the iron ore price .
    all the “geniuses” that called it “ the shorters are playing the same game we are playing , they hope trump f*s the economy and we hope he doesn’t .

    Last few days price action it’s purely because the iron ore price was about 105 a few days ago and now 95 while lithium falling even lower . Look at Pilbara they don’t have a an owner under investigation, they don’t have crazy debt they may struggle to pay , they don’t have their project waiting on a haul Rd to make or break them and I’m still down 65 percent there . If we could read trumps mind we would be fine .

    I have 20x my DTR holding because trump mention their mine for rare earths . Was 25x or more yesterday yes my $1500 is now 27k or more .

    time is crucial and the price of iron ore holding up is probably the most important factor in this situation. It’s doesn’t look like lithium is going to help the balance sheet anytime soon.
    With time ticking we might get there by the skin of our Chinny chin chin and it will be a good payday for anyone will the balls to jump in the ring.
    i to am down 50k and i to wish i sold half of it at $23 last week and locked in some losses for tax time and jumped back in tomorrow but everyone is a genius in hindsight .
    they can easily achieve their repayments if the iron ore price holds up , the haul Rd comes together as planned , the mining services continues to spit out cash and they can even keep some of these truck contractors on for a little longer to play catchup if need be yes there’s risk and we are highly leveraged and that’s why it’s so volatile and pegged so closely to the iron ore price holds, lithium price and tonnes achieved per week .
    I’m watching china and trump like a Hawk because they are the biggest influences on our stock price at the moment because everything else seems to be falling into place . It’s disappointing to see the iron ore price come off so much overnight ( pray to the Chinese and American gods that they encourage steel production)


 
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(20min delay)
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
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