Thks as always VH. Am I wrong to remain extremely concerned of a possible takeover/buyout? I just survived through the days of asset stripping by the knights and their kin here in NZ so maybe a bit paranoia. My concern would increase when/if we get more good news on the drilling front. Assuming there is good news and eventually a boost in Ni prices and say a 35-40c SP it could still be attractive to an asset stripper, who could then quickly flog the two best mines, cash up and leave us with half a company. The world is flush with cheap money provided by central bankers and I can't forget the 'opportunist' go for Santos, a much bigger and admittedly different fish than MCR.
MCR Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held