MCR 0.52% 96.5¢ mincor resources nl

Diesel, I have also been surprised at the SP and also the buy v...

  1. 1,281 Posts.
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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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