nickel is building bottom ,although a long way to go.
topped up 10k @0.71, missed the 0.70,bad luck.
MRE,the second largest nickel producer in au,current cash cost is around $5.2
they are making cost saving to keep it lower,
$7.5 will make them uncomfortable ,but definitely they will make money for the current price.
Of course it has "higher" cost than rivals such as WSA,MCR
because of heap leaching/sulphur,but can not complain with the current price.
will keep holding the shares.
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nickel is building bottom ,although a long way to go.topped up...
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