Debt is at fixed rates and not repayable until 2027
In the interim, they have a very profitable & cashflow generating mining services business (most contracts on life of mine) and Onslow which will generate significant profits/cashflow even at these prices before that debt starts to come due.....lithium will be a problem at these prices, but then again, it's a problem for most in the industry
you have to wonder about all the fuss....this is after all a very cyclical business highly dependent on prices outside of its control......it's the price of investing in what is now a big mining company
MIN $10 Share Price, page-131
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Last
$32.20 |
Change
-2.010(5.88%) |
Mkt cap ! $6.327B | |||
| Open | High | Low | Value | Volume |
| $32.91 | $33.92 | $31.10 | $149.7M | 4.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $32.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.21 | 2748 | 1 |
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| MIN (ASX) Chart |