MIN 0.87% $53.53 mineral resources limited

Been in MIN for over 5 years & was always a long term holding....

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    Been in MIN for over 5 years & was always a long term holding. Last accumulation was around $42 & paid up in the $50’s before it dropped as investors jumped at shadows when iron ore prices lost favour.

    great company with a shareholder focussed CEO. Despite recent positive uptrend, think it still represents good value compared to other profitable commodity companies.

    this time next year it should be well north of todays SP - all in my opinion but some recent quality posts have summarised why the investment proposition remains strong. Geez the Dividends are a nice icing on the ever growing cake too.

    Gotta say Emma Fisher from Airlie Funds (Magellan) picked the underlying value early when it slipped below $40 not so long ago. She had a value of circa $56 without attributing value to Lithium production and future revenue. A nice call.

    well said #abz - buy the dip.

    Last edited by colgm: 24/12/21
 
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