Ann: Change of Director's Interest Notice, page-28

short sellers are only playing around in MIN due to depressed lithium price (peaked Jan 2018 & now half). GXY, ORE, PLS all highly shorted.
They have MIN grossly incorrect
The tide is starting to turn for all the lithium stocks. We are yet to see any improvement on the commodity price though but this will come after the stocks have already made their lows.
I believe MIN is a $20-25 stock 6-12 months from now.
catalysts include 1) receipt of funds from Albermarle - with currency moves this figure is aud$1.65bil. 2) Aug result which will show huge turnaround in margins, just like FMG. 3) improved sentiment for Lithium stocks.
on the first two points it's easy to justify a market cap of $4-5 bil.
We have seen MIN range trade roughly $15-17 so far this year. soon it will kick to higher range. Funds due from ALB sometime in June I believe.