MIN mineral resources limited

mineral resources formidable rise this fin yr, page-8

  1. 142 Posts.
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    Over half a billion in debt? Where did that come from?

    For the record (for the 6 months ended 31 DEC 2010)

    Total liabilities $ 313 M

    which includes

    Deferred tax liability of $ 116 M
    Secured loans of $ 50 M

    Giving net assets of $ 569 M and NTA per share of 313 cents

    I don't think debt is an issue!

    The 6 month report can be seen here:

    http://www.asx.com.au/asxpdf/20110217/pdf/41wv22m1nd0hd3.pd
 
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(20min delay)
Last
$27.90
Change
0.410(1.49%)
Mkt cap ! $5.482B
Open High Low Value Volume
$27.55 $28.47 $27.01 $94.05M 3.375M

Buyers (Bids)

No. Vol. Price($)
1 2000 $27.88
 

Sellers (Offers)

Price($) Vol. No.
$27.95 9506 1
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