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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I hope you are right. Was holding until $32 and got edgy because...
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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. |
---|---|---|
$34.25 | 2395 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1141 | 34.200 |
1 | 15103 | 34.180 |
1 | 3 | 34.170 |
1 | 145 | 34.150 |
2 | 1150 | 34.140 |
Price($) | Vol. | No. |
---|---|---|
34.250 | 1960 | 1 |
34.270 | 2236 | 1 |
34.290 | 1304 | 1 |
34.300 | 1251 | 1 |
34.320 | 785 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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MIN (ASX) Chart |