MIN 5.42% $34.21 mineral resources limited

I hope you are right. Was holding until $32 and got edgy because...

  1. 773 Posts.
    lightbulb Created with Sketch. 697
    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 .


 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
(20min delay)
Last
$34.21
Change
-1.960(5.42%)
Mkt cap ! $6.722B
Open High Low Value Volume
$35.01 $36.32 $34.21 $118.8M 3.376M

Buyers (Bids)

No. Vol. Price($)
3 1141 $34.20
 

Sellers (Offers)

Price($) Vol. No.
$34.25 2395 2
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
MIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.