Yes .. Then comes a sustained period of high prices for FMG. MIN faces prolonged weak lithium price and a current decent IO price which may weaken.
Why do people use examples to justify current positions.
Every scenario is unique although some similarities may be there. MIN is heavily leveraged to lithium. MIN is using a haul road with unique ship loading.
MIN CAN recover .. MIN can also tank and become an easy TO target if it is viable to do so. Or dilute itself to survive.
I am not prepared to make a call either way. Too much negatives at play now to load up more.
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Last
$23.68 |
Change
0.230(0.98%) |
Mkt cap ! $4.690B | |||
| Open | High | Low | Value | Volume |
| $23.15 | $24.23 | $22.95 | $87.47M | 3.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $23.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.78 | 325 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MIN (ASX) Chart |