MIN mineral resources limited

Ann: Bald Hill Operations and Mineral Resources Update, page-14

  1. 920 Posts.
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    A good thing because:
    1. saves resource volume for when prices recover.
    2. Reduces the supply side available to the market, hence should turn the dial on rising prices earlier.
    3. Increased resource size (168%), plus potentially more scope to increase.

    Nothing bad here, reduced costs for now, hopefully most of the employees and contractors that wish to be can be redeployed. The margin who don't wish to be deployed can leave a review at Seek, along with the previous posters! Seriously, the percentage of people who leave reviews is always skewered to the negative. Some balance here please.
 
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