MIN 1.52% $51.99 mineral resources limited

NWE Refugees, page-478

  1. 6,391 Posts.
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    MIN. looking to do nicely from Fossil Fuels!

    Then, for the next year OR two be in front of things with:

    MinRes advanced Onslow Iron with a forecast that the project would generate a return on invested capital greater than
    20% based upon a conservative long-term iron ore price of US$75 per dry metric tonne Platts 62% Fe.

    Iron Ore trading at approx USD 117 - somewhat above MIN's $75 conservative expectations!

    So does the market really have a handle on MIN's near term potential?
 
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