MIN 1.72% $57.88 mineral resources limited

NWE Refugees, page-478

  1. 6,274 Posts.
    lightbulb Created with Sketch. 539
    MIN. looking to do nicely from Fossil Fuels!

    Then, for the next year OR two be in front of things with:

    MinRes advanced Onslow Iron with a forecast that the project would generate a return on invested capital greater than
    20% based upon a conservative long-term iron ore price of US$75 per dry metric tonne Platts 62% Fe.

    Iron Ore trading at approx USD 117 - somewhat above MIN's $75 conservative expectations!

    So does the market really have a handle on MIN's near term potential?
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.