Definitely a positive for Onslow....
"In a note to clients, Morgan Stanley analysts said they saw the decision as “positive” because they expected the operation to be cash-flow negative for the quarter.“We continue to see MIN transitioning its focus to its ramping, low-cost and long-life Onslow Iron asset,” they said.MinRes shipped first ore from Onslow last month, a new mine set to employ 1600 people at its peak pump out about 35 million tonnes of the steelmaking commodity a year."
M4M, page-394
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $147.5M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.3¢ | 3.8¢ | $742.8K | 18.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2166142 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 101667 | 1 |
View Market Depth
| Last trade - 12.35pm 08/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |