My price prediction for mre based on some statistics
2-3 years ago when mre was at $8 nickel price was around $25 cost of production was $5.24 that means that on $20 profit it was trading at $8.00.
if Nickel reaching $10 this would mean that it woild be making a $5 profit which is a 1 to 4 ratio profit on $8
Therefor deviding $8 by 4 gives me a $2 sp value prediction
