MIN 0.63% $50.65 mineral resources limited

mineral resources formidable rise this fin yr, page-5

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    Since posting approx 7 weeks ago, MIN - MINERAL RESOURCES LIMITED - has continued its formidable run by adding a further 10% to reach an all time high today of $13.25.

    Todays 2011 Half Year Result Presentation says it all really!
    * Record half year net profit of $60.6 million, up 121%.
    * Fully franked dividend of 15.0 cents.
    * Cash balance of $153 million.

    For every $1,000 invested in MIN (when floated in 2006) now has a value of $15,000.

    Company Outlook - second half result will exceed first.

    Various broker forecasts of $16 + by end of financial year are on target.
 
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