If price of commodity are where they are now with half the world depressed imagine what they will be like when the whole world is in expansion. You may look back and go wow nickel was cheap back then. You can see many companies just starting to go for takeovers now as there propably never a better time to grab cheap commodity companies thats why i believe glencore may take minara over fully to get there cashflow as nickel move higher. See glencore get 80 mil approx cap payback + div if announced they may only have to fork out 200 odd mil for all outstanding shares after this pretty cheap to get the cashflow in coming years.
MRE Price at posting:
78.0¢ Sentiment: LT Buy Disclosure: Held