MCap now UP a whopping $1,150M since the MINRES purchase of the POS LJ project for a paltry $15M cash.
MINRES touting this project as a Li HUB with Li MILL
(existing 1.5MTpa MILL is in "remarkably good condition" built by LionOre/Norilsk in 2002-2005 at a cost of $900M)
Neighbouring IGO/Nova MILL & MINE same size as LJ is valued by IGO at $4,000M in itself and earns $600Mpa revenues on Ni alone.
all for $15M cash !
STUNNINGLY DIRT CHEAP purchase and royalty sums.
POS was bent over and is OWED BIG TIME. I expect future deals between these 2 as the value accretion for MINRES is whopping.
Market thinks the LJ acquisition is a massive money spinner for MINRES which it is.
MINRES to make hay from LJ.
MCap now UP a whopping $1,150M since the MINRES purchase of the...
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Last
$77.12 |
Change
-0.510(0.66%) |
Mkt cap ! $15.11B | |||
| Open | High | Low | Value | Volume |
| $77.83 | $78.18 | $76.32 | $30.84M | 400.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 269 | $77.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $77.13 | 3150 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$76.95 |
Change
-0.510 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $78.10 | $78.14 | $76.36 | 38301 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MIN (ASX) Chart |