It's all in the lithium folks. NWE SH heading from gas to...

It's all in the lithium folks. NWE SH heading from gas to lithium.

MIN (Dec 22 HY):
Mining Services EBIT $151.9m (down 16.6%)
Iron Ore EBIT (minus) -$101.6m (up from minus $164.8m)
Lithium EBIT $727m (up from $51.1m)

EPS: $2.056 (half year)
PE: 20x

There's no money in iron ore for MIN. How high does the iron ore price need to go?

Were NWE shareholders hoodwinked by a $95 MIN increased offer reference price from a matter of a few weeks ago?

NWE directors need to seek a change in the MIN reference price back to the original $82.

Hold onto those NWE??