Well the good news is for MRE shareholders, nickel has just hit US$8.00/lb
Nickel July 31,08:20
Bid/Ask 7.9900 - 8.0354
Change +0.2948 +3.83%
Low/High 7.6952 - 8.0807
MRE is now making US$3.00/lb PROFIT, or AUD$240 million pa, I reckon some of these dumb analysts will start to use their brains (if they have any) and realise that MRE is the buy of the century at $1.10