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1,281 Posts.
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05/01/16
20:31
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Diesel, I have also been surprised at the SP and also the buy v sell.
The market knows that MCR has some very good ni drill results and a long shelf life at reasonable ni prices.
Plus they have enough cash to weather the ni storm for a couple of years.
I think they are in a classic bind about staffing levels and income vis a vis care and maintenance program costs.
IMO, I thought the SP would be at .18c at the current ni price.
Hard to know what to think atm with nicklers.
cheers
Mulac1
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