MIN 0.00% $69.55 mineral resources limited

Down by 5% today? Why?, page-64

  1. 749 Posts.
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    I am hoping the same thing. I got caught out with MIN share price and sold way too early at $34 on the back of concerns primarily about
    the continued ride with iron ore. I was concerned about Covid lockdowns in China affecting off -takes , leading to drop in Iron ore prices (which didn't happen) , high cost of production (compared to eg. FMG.) , return to production of 'Vale and other Brazilian supply lines. When it got to $45
    I was thinking "this price is ridiculous " I'll wait for it to drop back to around $35 ...... still waiting .......clearly. MIN is a keeper.
    I regret not holding for the long term. I'll be back on board one day !!
 
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