I share similar sentiments. It’s strange to see the stock being sold off on the back of concerns regarding the lithium price when the current market capitalisation of the company implies the value of that business is already nil.
The two catalysts are Onslow operating at full run rate and net debt below $4bn and then below $3bn. The stock will double on the back of those things alone. Lithium is blue sky.
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- Ann: Quarterly Activity Report - Q2 FY25
MIN
mineral resources limited
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$20.48

Ann: Quarterly Activity Report - Q2 FY25, page-105
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Last
$20.48 |
Change
-0.210(1.01%) |
Mkt cap ! $4.024B |
Open | High | Low | Value | Volume |
$20.45 | $20.89 | $19.82 | $56.62M | 2.762M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4000 | $20.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.55 | 920 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4000 | 20.400 |
1 | 245 | 20.380 |
1 | 1000 | 20.350 |
1 | 500 | 20.310 |
1 | 1000 | 20.300 |
Price($) | Vol. | No. |
---|---|---|
20.550 | 920 | 2 |
20.580 | 500 | 1 |
20.590 | 1116 | 2 |
20.600 | 450 | 1 |
20.610 | 11355 | 1 |
Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
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MIN (ASX) Chart |