ABC Sunday business winner of the week MRE 18% rise in SP value after Minara Resources Limited advises that it expects the revenue from operations will be approximately A$446.1 million with an after tax profit of approximately A$48.5 million for the year ending 31 December 2009. These results are yet to be finalised and remain subject to auditor review and Board approval.
Investor like this results and SP value rise sharply.
I recon next few weeks will be very interesting for Minara SP.
MRE Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held