MIN 7.57% $47.35 mineral resources limited

MIN $10 Share Price, page-149

  1. 4,893 Posts.
    lightbulb Created with Sketch. 893
    Lol, the commodity prices are creating the balance sheet issue. Their asset prices are becoming further depressed because of the commodity prices.

    All that Lithium in the ground right now is about as useful as last year's stock to an online retailer.

    Long term it's probably valuable but I'm not sure they can make do until Onslow is fully up and running. Enough posting from me, suffice to say the debt looks worse with every drop in commodity prices. If you can't acknowledge that at least then good luck to you.
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.