MIN mineral resources limited

Ann: Quarterly Activity Report - Q3 FY25, page-3

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    "Onslow Iron JV was operating cashflow positive in the March quarter including spend on capitalised operating costs6 , with the carry loan being repaid from 80% of the JV partners share of free cash flow."

    "The Onslow Iron carry loan balance as at 31 March 2025 was $789M ($794M as at 31 December 2024)"

    Gee whiz, what a cash cow.

    Anyhow, looking forward to seeing production rates once the haul road upgrades are finalised in sept quarter.
 
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