So the market seems to be taking some comfort from;

1. No more damning issues or allegations
2. Replacement plan for Chair and CEO on track
3. Strengthening of governance and reporting on non arms length transactions

This probably makes MIN more investable to instos and the various Investment Committees reviewing house positions.

which can only help.


And, despite much IO doom and gloom and a SP fall of 3% this month, the IO spot price is showing considerable resilience and is up to USD107.81. Technically, this may boost a further rally.

Finally, this morning's article in the fin was almost supportive, well in the context of much of its entirely biased reporting over the last 9 months.

MinRes confirms Ellison exit, board rules no further penalties for MD

So, we might be up for a well overdue shot in the arm for the SP.

Wazz