MIN 3.11% $55.33 mineral resources limited

huge miss for me. it's exactly the weak eps, huge gold...

  1. 4,178 Posts.
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    huge miss for me. it's exactly the weak eps, huge gold plated out of control costs result that made me sell a little while ago. the eps for a 65 buck stock is very weak. I'll buy back if the reality of what is actually being produced now sinks in and it's $45 again. The future greatness is all baked into the price right now.

    Compare this to WHC which has much higher cash generation results and 40% of the MIN $1 dividend but with a share price under $8.... it's probably going to have EBITDA equal to it's market cap in the next year. That's what I would want from MIN at 65... huge lithium cash pouring in and eps of at least $6.5 for the full year.

    The super offices and benefits for employees was a warning sign of this kind of result....
 
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$54.07 $55.70 $53.43 $43.73M 792.8K

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1 500 $55.25
 

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$55.34 1327 3
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
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