Debt is at fixed rates and not repayable until 2027
In the interim, they have a very profitable & cashflow generating mining services business (most contracts on life of mine) and Onslow which will generate significant profits/cashflow even at these prices before that debt starts to come due.....lithium will be a problem at these prices, but then again, it's a problem for most in the industry
you have to wonder about all the fuss....this is after all a very cyclical business highly dependent on prices outside of its control......it's the price of investing in what is now a big mining company
MIN $10 Share Price, page-131
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$51.23 |
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-2.110(3.96%) |
Mkt cap ! $10.06B | |||
| Open | High | Low | Value | Volume |
| $53.00 | $54.88 | $50.15 | $125.3M | 2.406M |
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| No. | Vol. | Price($) |
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| 1 | 22146 | $51.23 |
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| Price($) | Vol. | No. |
|---|---|---|
| $51.25 | 1000 | 1 |
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