investor presentation - great growth plans

They have some great growth plans going on -
- A 6th refinery autoclave nearing completion (this will increase back-end plant capacity by 5-10%)
- High Density Slurry being commissioned (this will increase front-end plant capacity by 5-10%)
- In-pit Tails Disposal is underway to reduce operating costs (not sure by how much)
- Heap Leach expansion is at the feasibility study stage.
- Near Mine Exploration - drilling underway
- Seeking second mine acquisition opportunities - "Submitted unsuccessful bid to acquire BHPBs Ravensthorpe Nickel Project."
- and more!

There is so much going on with MRE, I think we'll see 10%+ higher production in the coming years and lower production costs. MRE will have amazing profit and dividends as long as nickel can remain at a decent price.

I say good luck to China in continuing their great growth (of stainless steel consumption) and good luck to USA (in not causing GFC2).

And from their 2009 annual report, "We will continue to optimise production at Murrin Murrin and to review growth opportunities". I think management are certainly doing that. I am happy.

MRE is 25% of my portfolio.