MIN 2.94% $45.86 mineral resources limited

$100 share price, page-130

  1. 1,071 Posts.
    lightbulb Created with Sketch. 75
    Need to see Mt Marion performing and the dividend over $2 to get the price back near $100. Last report to the market in February was a little underwhelming so need to recover from that. We have become accustomed to perfection and we are not quite getting that at the moment due to a number of factors, many of which are outside MIN'S control eg. inflation, tight labour market. The dud hole in the Perth basin didnt help either. On the plus side, its probably a good entry point for investors with a 1-3 year investment horizon. A great lithium result in the next report should see the market forgive everything else.
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.