Im not asking Bell Potter to do anything, what a comment rofl.
Macquarie's numbers also disagree with you, and their lithium prices are incredibly optimistic. That's 2 brokers (and my numbers) who say you are very wrong.
Iron Ore at $70 is all over red rover as far as im concerned. Nobody will refinance MIN's debt if that were to happen. At which point everything gets sold off.
If we get to $70 in the next 2 years we are cooked. We need $90+ for the next 2 years to start chewing away this debt.
MIN Price at posting:
$22.65 Sentiment: Buy Disclosure: Held
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