MIN 0.24% $74.92 mineral resources limited

Ann: FY22 Half Year Investor Presentation, page-62

  1. 7,230 Posts.
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    I topped my position back up last week.

    IO outlook looking stronger than ever, MIN will be printing cash again. Gas deposit isn't getting much notice, but given what's happening in the world this will become an important strategic resource for nations globally. If it's as big as it rumored to be, no value is currently being ascribed to it.

    Add on the Lithium which we should start to see $$$ from later this year.

    I think MIN is now the cheapest diversified resource play on the ASX. Market will wake up shortly.

    The only question mark is how they fund all these projects, which was more of a concern when the IO had dropped under $100. Now that we are back over $150 and staying there, it's clear we will have plenty of cash again.
 
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