Sure, MIN has more debt but they are selling hydroxide, not spod. Magnitudes more revenue for MIN plus there are the other parts of the business.
Debt isn't that bad when you have this much forward looking profit. Of course, both businesses depend on Li prices staying high.
Ann: Full Year Statutory Accounts and Appendix 4E, page-47
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Last
$30.40 |
Change
-0.250(0.82%) |
Mkt cap ! $5.974B | |||
| Open | High | Low | Value | Volume |
| $30.02 | $31.19 | $29.51 | $84.54M | 2.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 371 | $30.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.47 | 293 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |