MCR
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0.52% 96.5¢ mincor resources nl

In the half yearling (06-02-18) MCR said mines 'on care and...

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  1. Gavinbell
    150 Posts.
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    28/02/18
    07:41
    Post #: 31400146
    In the half yearling (06-02-18) MCR said mines 'on care and maintenance pending a sufficient and sustained improvement in the nickel price'. Opinions will vary on 'sufficient' being close/already there but for me, the jury's still out on the sustained. MCR's management isn't renowned for rushed decisions so I'm not expecting a quick return to nickel production. Happy to be wrong.
    MCR Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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