I have been following MRE since 2004. You can give different positive and negative arguments like stockpiles at LME ( almost at their highest ever )nickel prices, high cost production, pig iron nickel etc etc, but you are all forgetting something, the AU Dollar, if it falls again, it will make a huge difference in MRE profits, but everything is an if, agree highly speculative, but my personal opinion is that it can only be up from here, how long it will take is anyones gess, as MRE is not seen as a favorite at the moment.
MRE Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held