nickel is building bottom ,although a long way to go. topped up 10k @0.71, missed the 0.70,bad luck. MRE,the second largest nickel producer in au,current cash cost is around $5.2 they are making cost saving to keep it lower, $7.5 will make them uncomfortable ,but definitely they will make money for the current price. Of course it has "higher" cost than rivals such as WSA,MCR because of heap leaching/sulphur,but can not complain with the current price. will keep holding the shares.
MRE Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held