Take heart PP. There is only one Chris Elisson running a publicly listed business like this. Gina would likely be as agile, but you cannot buy shares in Hancock on market.
The Mining Services business is in good shape and getting better over time. It is able to support the servicing of debt that has been used to develop the IO and Li business, even if they were mothballed so there will be no forced sales.
It is most unlikely the crushing volumes would reduce for the Tier 1 customers, who have the lowest cost so would just keep mining crishing and shipping at FOB prices of US$50/t
Great story of the relationship with Baowu and the Chinese Fabricators and Li processors.
Ann: FY24 Full Year Financial Results Presentation, page-65
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Last
$37.25 |
Change
-0.950(2.49%) |
Mkt cap ! $7.320B | |||
| Open | High | Low | Value | Volume |
| $38.32 | $38.68 | $36.91 | $97.02M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $37.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.36 | 1000 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |