MCR 0.52% 96.5¢ mincor resources nl

Bubby, There are strong possibility this time dividend wont be...

  1. 1,676 Posts.
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    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.
    Last edited by ndpjai: 30/07/15
 
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