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
$30.30 |
Change
-0.100(0.33%) |
Mkt cap ! $5.932B |
Open | High | Low | Value | Volume |
$31.03 | $31.19 | $29.84 | $40.50M | 1.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125 | $30.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.33 | 308 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 148 | 30.270 |
2 | 246 | 30.260 |
5 | 426 | 30.250 |
6 | 400 | 30.240 |
13 | 775 | 30.230 |
Price($) | Vol. | No. |
---|---|---|
30.290 | 1536 | 21 |
30.300 | 4352 | 9 |
30.310 | 1874 | 17 |
30.320 | 1042 | 15 |
30.330 | 659 | 8 |
Last trade - 15.10pm 10/09/2024 (20 minute delay) ? |
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