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.
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- usually when mcr goes up mre follows
We should see MRE hit $1.10+ today as nickel prices go above...
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