Great analysis albeit, as you said it, from using chatGBT.
I have always been aware of the potential value of the NWE resource that CE stole. Both the Gas and also the OIL which has failed to be mentioned or recognised and was largely promoted by Alexii during many discussions and posts prior to the capitulation of NWE and the failure of the BOD of NWE to fight for a more realistic price.
Andy .... I'm not bitter and twisted over it now .... just have always been twisted .... lol
My comment concerning the construction was because the existing debt level of MIN is of considerable concern to the market relative to the current share price and it hasn't finished falling yet.
For MIN to go out to the market to borrow another, say Billion Dollars, to build the gas plant might not be welcomed given the collapse of the Lithium price and the negativity from this Federal Government. It will take time to build and if MIN cashflow is stretched over another couple of years(cycle of the markets) ......
I think that the sale of Oil would be far quicker to monetarize to assist with the cashflow but they would still need to deal with the Gas.
Great analysis albeit, as you said it, from using chatGBT.I have...
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Last
$34.95 |
Change
-2.710(7.20%) |
Mkt cap ! $6.868B | |||
| Open | High | Low | Value | Volume |
| $36.45 | $36.59 | $34.65 | $92.68M | 2.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 516 | $34.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.05 | 50 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |