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Aug 2024
1h 8m

How Low Will MinRes Go?

Mineral Media
About this episode

We’re drowning in news today, so we looked to pick out the most interesting and influential stories.

First and foremost, MinRes (MIN), who’re battening down the hatches and “strangling” costs to fight another day. Then South32 (S32), who’s financial position is rather healthy, but are still tending for a few challenges.

Lastly a gold check-in with Westgold (WGX) revealing its full year numbers and Red 5 (RED) sharing guidance for FY25.

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All information in this podcast is for education and entertainment purposes only and is of general nature only.

 

The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.

 

MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate.

 

MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

 

Thank you to our Partners:

 

Axis Mining Technology - Drill hole survey instrumentation experts

 

info@axisminetech.com – call Shaun Oehlman - +61457053260

 

Mineral Mining Services – Your preferred mining contractor

 

enquiry@mineralms.com.au - 1300 546 117

 

VRIFY – Communicate in 3D

 

grant@vrify.com

 

SMEC Power & Technology - Variable speed ventilation solutions and everything mining electrical

 

Marty Law - mjl@smelectrical.com.au - +61 439 917 192

 

DSI Underground – Ground support gurus

 

https://www.dsiunderground.com/contact

 

Silverstone – Energy solutions for your business

 

kenny@sstone.com.au

 

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

 

davidh@creinsurance.com.au - +61 2 9493 6100

 

Greenlands Equipment – Turnkey mine water management

 

Caleb.M@greenlandsequipment.com.au - +61 447 178 806

 

K-Drill – Safe, reliable, and productive surface RC drilling

 

drew@k-drill.com.au


We use SPARK - Market data for active ASX Traders - https://sparktrader.com


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(0:00:00)Introduction

(0:01:21)What next for MinRes

(0:36:44)S32 go about their business

(0:46:53)Westgold - building cash?

(0:56:21)Why did Red's guidance disappoint?

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