We should see MRE hit $1.10+ today as nickel prices go above US$7.80/lb. This gives MRE a comfortable profit of US$7,000/ton or AUD$250 million profit pa.
This justifies a shareprice above $2.
- Forums
- ASX - By Stock
- MRE
- usually when mcr goes up mre follows
usually when mcr goes up mre follows, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)