Bubby, There are strong possibility this time dividend wont be paid. That's the main reason, SP is hammered.
I dont believe in Macquarie target price of 25c. If it goes to that level, may be the fund managers are playing their cards. When Macquarie mentioned $1.55 did Mincor reach that target price?
IMO, Nickel will rebound above $6 soon. Its prudent to put the mines in C&M, ramp up production when Nickel price increases in a sustainable manner and keep exploring for USNOB. GLTA.