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$66.51 mineral resources limited

Ann: Lockyer-2 gas appraisal well results, page-22

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Billysmith97

376 Posts.

32

13/04/23

12:59

Post #: 67255586
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Originally posted by pastperformer: ↑

Lithium and Iron ore won't hold up forever? Are you sure about that? Last I checked everything was still made out of steel. Especially what's needed for the energy transition. Lithium supply will be needed for the next 50 years. Our deposit won't even last that long.

Gas? Sure gas is nice, but it was a $1.2bil NPV at 50% risk weighting that's $600mil.

Min will earn around $3bil this year, and forecast to earn $6bil next year and $8 bil the year after. The gas project was a rounding error.

Notice anything about this NPV calculation from Macquarie for MIN?

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Do you have a copy of the full report

MIN Price at posting: $77.85 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $66.51		Change -2.120(3.09%)		Mkt cap ! $13.03B

Open	High	Low	Value	Volume
$67.87	$67.87	$66.34	$56.39M	845.0K

Buyers (Bids)

No.	Vol.	Price($)
3	3906	$66.50

Sellers (Offers)

Price($)	Vol.	No.
$66.64	100	1

View Market Depth

No.	Vol.	Price($)
1	2	66.500
1	2085	66.480
1	60	66.430
1	400	66.420
4	736	66.400

Price($)	Vol.	No.
66.640	100	1
66.870	341	1
66.890	2085	1
66.980	2085	1
67.000	1006	1

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last $66.64			Change -2.120 ( 3.19 %)
Open	High		Low	Volume
$67.69	$67.78		$66.38	102104
Last updated 15.59pm 11/06/2024 ?

MIN (ASX) Chart