MIN mineral resources limited

mineral resources formidable rise this fin yr, page-8

  1. 142 Posts.
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    Over half a billion in debt? Where did that come from?

    For the record (for the 6 months ended 31 DEC 2010)

    Total liabilities $ 313 M

    which includes

    Deferred tax liability of $ 116 M
    Secured loans of $ 50 M

    Giving net assets of $ 569 M and NTA per share of 313 cents

    I don't think debt is an issue!

    The 6 month report can be seen here:

    http://www.asx.com.au/asxpdf/20110217/pdf/41wv22m1nd0hd3.pd
 
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(20min delay)
Last
$27.36
Change
-0.250(0.91%)
Mkt cap ! $5.396B
Open High Low Value Volume
$27.41 $27.92 $26.86 $52.24M 1.910M

Buyers (Bids)

No. Vol. Price($)
7 417 $27.35
 

Sellers (Offers)

Price($) Vol. No.
$27.37 395 7
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