MIN mineral resources limited

Ann: MinRes to develop lithium processing hub, page-9

  1. 5,310 Posts.
    lightbulb Created with Sketch. 2438
    Punch these co-ordinates into Google Earth:
    32° 12.585'S, 120° 29.441'E

    https://hotcopper.com.au/data/attachments/6039/6039218-fb502063d330778801aaa9b6c0de08c0.jpg

    As an ex-POS holder I think it's a v.v.good strategic deal for MIN. It's good too for POS but only insofar as they get to keep their doors open by selling part of the portfolio (in a distressed Ni market), thus avoiding a massive near-term CR or, worse, VA.

    Hats off to CE for having the balance sheet and foresight to swoop on this at a distressed price.



 
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