MIN 6.42% $47.94 mineral resources limited

Not much info. One estimate mentioned at 24.30 of MoM podcast...

  1. 576 Posts.
    lightbulb Created with Sketch. 125
    Not much info. One estimate mentioned at 24.30 of MoM podcast last Thursday at 100-200 mill spread over a few years; hardly a ball-breaker for Min or worth a 7% drop Friday.
    Adds to strange price movements recently post announcements of early achievement of first ore on ship from Onslow (no price movement), then announcement of successful sale of minority portion of haul road for greater than expected $1.3 bill after market close (7.30pm?)followed by appearance of a hit piece in AFR the folllowing morning at 5am: price reaction? Up a couple of bucks at open, then down from high by $4 approx by close that day.

    Go figure!!


 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.