its done a 6 bagger run from 20c to 120c last 5 years now hovering around the prior dropzone of 100c for the last 6 months last time I was in ~2014 it went the same identical way 20c-100c-20c-100c market is indecisive, GP zigzagging, NP set to boom
Ni production due March 2022 with offtake with BHP Kambalda. This should be an impetus for the SP around Feb next year but by then where will this go - sideways.
Its in a downtrend/plateau phase right now. I lost a motaz on MCR buying at highs at 100c, wouldnt do so now, not again no way. the easy money was made at 20c twice..
MCR Price at posting:
$1.01 Sentiment: None Disclosure: Not Held
