MIN mineral resources limited

Onslow Transhipping, page-498

  1. 1,284 Posts.
    lightbulb Created with Sketch. 306
    That reminds me the 49% sale of the haul road, included a further payment of $200M from Morgan Stanley Infrastructure Partners.

    "The additional deferred cash consideration of $200 million will be paid by MSIP to MinRes subject to the Onslow Iron haul road achieving a 35 million wet metric tonnes per annum run rate for any quarter before 30 June 2026."

    It would be very pleasing if they nailed this in Q1 or Q2 FY26.
 
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