I hope you are right. Was holding until $32 and got edgy because I felt it was too heavily focused on iron ore.
Clearly I got it wrong, and I’m not brave enough to buy in until it drops back …… to maybe $38 - $40 ( it might never again).
Chris Ellison is unbelievably talented and clearly has amazing foresight . MIN is in great hands.
Mining services are great but may also tumble when commodity market comes off .
Lithium will be a long term savior I am sure .
I hold a large parcel in PLS from early days (happy chappy)
So I firmly believe in the lithium revolution.
I have seen the lows of iron ore prices before , and they have fallen much lower than MIN’s avg COP ( correct me if I’m wrong
……. Around $85.00 per tonne) . FMG has a much bigger margin and can stay profitable for much longer.
I am desperate to buy back in to MIN the long term prospects are very very promising . My only exposure to MIN currently is through ETF’s ….. so only minimal .
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Last
$75.07 |
Change
1.400(1.90%) |
Mkt cap ! $14.70B |
Open | High | Low | Value | Volume |
$74.00 | $75.56 | $73.92 | $41.58M | 555.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1927 | $75.03 |
Sellers (Offers)
Price($) | Vol. | No. |
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$75.39 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 15 | 74.640 |
1 | 71 | 74.110 |
2 | 57 | 74.000 |
1 | 270 | 73.810 |
1 | 136 | 73.200 |
Price($) | Vol. | No. |
---|---|---|
75.480 | 52 | 1 |
75.560 | 132 | 1 |
75.650 | 32 | 1 |
75.690 | 39 | 1 |
75.800 | 1640 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$75.37 |
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Change
1.400 ( 2.26 %) |
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Open | High | Low | Volume | ||
$73.99 | $75.54 | $73.99 | 50823 | ||
Last updated 15.59pm 03/05/2024 ? |
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