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How Low Will MinRes Go?
Manage episode 436814767 series 3359702
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.
Sign-up for the Director’s Special
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
Buy Money of Mine MERCH
Money of Mine on YouTube, Twitter + LinkedIn
(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?
322 episodes
Manage episode 436814767 series 3359702
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.
Sign-up for the Director’s Special
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
Buy Money of Mine MERCH
Money of Mine on YouTube, Twitter + LinkedIn
(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?
322 episodes
All episodes
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