MIN BOD stuffed the POS BOD well and truly
For a pathetic $15M they got a $3,500M Nova size project imho.
MCap since this LJ sale deal was announced is MIN up $675M in MCap
while POS MCap flat at $24M no change
LOL.
A Li hub from LJ and that massive Nova size MILL at LJ can produce 1.5MTpa
Thats revenue of $650Mpa Ni and $800Mpa Li plus Co Cu AU credits also
Nova is worth $4.5B to IGO nearby and MINRES now can build LJ up to a Nova type project using its $1.4B in cash and toll its ore there.
Still POS has been fully funded for the next 20 years and the royalties and sale price are very low
POS assets are clearly way way undervalued.
MINRES OWES POS BIG TIME !
MINRES must payback POS for this monster deal thats going to make MINRES and its LTHs rich,
one way or another PAYBACK is going to happen imho.
MIN BOD stuffed the POS BOD well and truly For a pathetic $15M...
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$34.95 |
Change
-2.710(7.20%) |
Mkt cap ! $6.868B | |||
| Open | High | Low | Value | Volume |
| $36.45 | $36.59 | $34.65 | $92.68M | 2.617M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 516 | $34.95 |
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| Price($) | Vol. | No. |
|---|---|---|
| $35.05 | 50 | 1 |
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| MIN (ASX) Chart |