MIN 3.39% $44.81 mineral resources limited

Ann: Application for quotation of securities - MIN, page-12

  1. 100 Posts.
    lightbulb Created with Sketch. 22

    Yes Scrabble agreed there is debt - but very manageable imho - and reading the latest Bell Potter report the analyst forecasts that debt will peak this financial year - FY25 - and in FY26 the NPAT will be 1.7B and the dividend will be around the $4.38 mark - and at $53.66 per share today that's over 8% return plus franking credits.

    MIN still has a lot of growth in front of it and imho the SP will be north of $100 by then.


    https://hotcopper.com.au/data/attachments/6284/6284213-cc1509ca5e33ad2ad555dcc1e225e14e.jpg


    We just entered FY25 so FY26 is not that far away






 
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