(I am holding short position) MCR is One of my shorting stocks...

(I am holding short position)

MCR is One of my shorting stocks (ACR, NVT, ...)
Best Aust Nickle miner is WSA, roughly from $5 to $3 within 12 month.
The main problem is bearish nickle price.
Today Q report supported my bearish views,
********** cash costs of A$5.93/lb (target A$5.30/lb). --------> cash costs blew out
********Mincor had Quarter-end working capital = $33.89 million (end-Mar: $41.62 million)-------->cash ran out too fast
************ further 38 redundancies---------> cut staff is not good sign
********transitional period of suspended production-------> caretake needs money, is not good sign
************* it is clear that Mincor’s mining operations cannot be sustained at spot prices without substantial changes.---------------->cannot fight against the big nickle market
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(I am holding short position)