MIN 1.52% $51.99 mineral resources limited

Ann: FY22 Q4 Quarterly Activities Report, page-20

  1. 18,418 Posts.
    lightbulb Created with Sketch. 3835
    I don’t short noonster ?
    But my average was high here so I did explore the notion of swinging in and out … and for a while (as the price dropped recently) that involved successfully taking stop loss hits on a parcel, buying lower down, then selling it again as it fell even lower ….
    The outcome was learning first hand that this is definitely a good strategy to master …. And that I didn’t quite master it… But I DID end up with more shares by adding extra dollars and happily today the price closed over the average that is the current (false) read on my portfolio.
    - Thank you Mr Clever Chris

    As to $100 a share - that seems entirely possible to me. I believe WA’s battery metals importance may come to more closely rival the iron ore and Wodgina is a premium spodumene deposit…
    Plus all those other MIN interests
    Plus Chris seems to have secured several ports along the way - Oakajee, Port Hedland and even Esperance .
    I don’t think those are anything to be sneezed at.

    I should change my sentiment to ‘acquire’ but that isn’t an option ..
    and congratulations for being so on the ball with good companies noonster

    cheers
 
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