MRE
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1.55% $1.97 metrics real estate multi-strategy fund

"Nickel metal prices on the London Metal Exchange (LME)...

  1. danbradster
    2,083 Posts.
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    01/03/10
    17:37
    Post #: 6391579
    "Nickel metal prices on the London Metal Exchange (LME) commenced the reporting period at $US12,710 per tonne, finished the year at $US18,480 per tonne, and averaged $US14,698 per tonne for the 12 months ended 31 December 2009."

    They made $50m profit with an average price of $US14,698 per tonne. It is currently $21,300 per tonne. At this price they will have ~45% more revenue than last year. If the price rises more...then things will be great.
    MRE Price at posting: 73.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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