Me too - I think the CEO missed timed i/o and lithium.
He should NOT have bought the i/o mines (cheap or not) - he should have bought small lithium miners back then - like LKE, LTR, AGY,ARU and others.
He should have re-started the lithium mines earlier and move his workforce to lithium and put i/o mines into care model.
Vale has already announced it will reduce its i/o output.
So unfair that MIN is seen as i/o mine only.
Its lithium mine is bigger than PLS by output.
I am doomed with this one - will be holding it for a least 5 yrs - hopefully can breakeven.
I bought it - as it had the 5th largest lithium mine (pls check) and its output can easily exceed PLS - but the market does not see it in that light.
Me too - I think the CEO missed timed i/o and lithium.He should...
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Last
$51.94 |
Change
-0.100(0.19%) |
Mkt cap ! $10.01B | |||
| Open | High | Low | Value | Volume |
| $50.18 | $52.17 | $50.13 | $52.58M | 1.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 299 | $51.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.95 | 104 | 3 |
View Market Depth
| Last trade - 12.28pm 01/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |