I have always considered no chance of a t/over as a few small producing mines instead of a big one like igo and wsa.
Cash holding used to be good but getting depleted with costs of producing with a low ni price.
If ni price drops below $4 us then the sp could easily get close to 20c which would be a good price to top up at for those that believe in a ni price rise in next 12 mths.,and I don't take much notice of the so called expert analysts and their way out predictions re ni price rise since mid this year.
It;s actually going in the opposite direction to what they have been sprooking and have egg all over their faces which wouldn't be the first time.
MCR Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held