Second that @SudMav, the market has shat the bed across the board, so I wouldn't look too much into it.

The MIN result was bloody impressive. We saw further paydown in debt, with another billion to be received in the coming months.

I would go as far to suggest that debt is so derisked that it is (almost) no longer a problem for this business, provided we still see an iron ore price that is at least in the 80s (US). It is currently well in excess of that, but it gives MIN some breathing room.

The lithium price has obviously increased substantially (from it's recent lows) and this is a free hit for MIN.

Essentially, we have a report that has largely resulted in prices up, production stable, costs down and debt down. Things are tracking along very nicely at the moment.

I would be surprised if we didn't see MIN push the 70s in the coming weeks. I think shares are good value at the moment, so much so that I had a nibble on open this morning -- a classic case of averaging up.

I concur. The turnaround from all the doom and gloom, Ellison scandals, and operational missteps has been nothing short of spectacular, and that too in such a short space of time. Gotta credit the board and management for that.