Well many an NWE SHLDr thinks MIN's t/over very opportune, particularly as MIN's SP has pulled back so heavily!
How things are changing so rapidly - Lithium has been hit hard & now showing signs of recovery, MIN. may just unearth positive results from NWE tenements, a further plus for MIN. SHLDRs. MIN's mining services may be able to ride the wave as China gets its MOJO back as many are indicating.
IRON ORE, being clobbered at present, is it a short-term situation created by China as we have likely seen with Lithium prices?
Indications are that by early 2024 we will have seen the highs of Interest Rates & be seeing some softening which will drive economic activity, considering the huge need for ESG investment World-wide, perhaps MIN. will return to recent highs & perhaps hold onto its gains?
There appears to more pluses going for MIN. than negatives at present!
What do others think?
NWE Refugees, page-80
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Last
$50.99 |
Change
-0.740(1.43%) |
Mkt cap ! $10.02B | |||
| Open | High | Low | Value | Volume |
| $50.86 | $51.23 | $48.80 | $99.49M | 1.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 123 | $50.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.00 | 72282 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |