For others, I must add that just because the lithium businesses are not profitable in FY25 doesnt mean they don't have value.
These are long life assets that will pay off in spades when market condition improves. If it comes to it MinRes can bring some of that value forward by selling down stakes and reducing the net debt. There will be long queue of buyers if a stake in those world class assets goes up for sale.
Just half of our ROAD sold for 1.3 Billion.
True value around $15-$18, page-49
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Last
$35.31 |
Change
0.360(1.03%) |
Mkt cap ! $6.939B | |||
| Open | High | Low | Value | Volume |
| $34.65 | $35.39 | $34.62 | $86.23M | 2.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $35.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.35 | 300 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |