well, with 247 million in cash, no debt, Nickel price around 8 per /lbs. 90% 0f companies in US has recorded billions of profits more than the expectation. HOW come GFC will come again? No way .........
with handsome cash in bank......how much are they getting interest on it? ........ it will keep increasing.
MRE is well and truly under value. They are in position to look into other projects.
i have bought mre so many times in the past and always made money. this time i bought around 80 cents and have no cash left to buy at 60 cents. if i am able to sell other shares in profit then i will put more money in MRE at such screaming buy price
MRE Price at posting:
62.5¢ Sentiment: ST Buy Disclosure: Held