MCR
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0.52% 96.5¢ mincor resources nl

Micky have a look at the accounts of Antam / Vale PT etc - they...

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  1. Value_Hunter
    3,607 Posts.
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    15/08/15
    15:57
    Post #: 15813530
    Micky

    have a look at the accounts of Antam / Vale PT etc - they are already waay under water .......

    I did read an interesting article on the cylicity of nickel price swings - typically gets to 90% percentile to "wipe out" excess capacity.......

    check the chart in the SIR scheme doco .....(re opex by producer)......

    getting close I think - should see a few more "go to the wall" .....

    rgds
    V_H
    MCR Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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