Bell Potter have released a report today following yesterdays news.
Price Target $100 and a Buy rating.
Spod assumptions are $5,250 for FY23, $3,028 for FY24
Hydroxide are $67k for FY23, $50k for FY24
Lockyer Deep has been written down by $450mil in terms of its NPV value ($2 per share)
Not 20% as some other posters have suggested.
Ann: Lockyer-2 gas appraisal well results, page-20
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$50.23 |
Change
-1.500(2.90%) |
Mkt cap ! $9.833B | |||
| Open | High | Low | Value | Volume |
| $50.86 | $51.23 | $48.80 | $31.78M | 638.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 173 | $50.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.25 | 208 | 5 |
View Market Depth
| Last trade - 11.52am 04/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |