The company is well run/managed, pays a handsome dividend 7-8%, debt free, PER of 4.05, Book value of 78 cents (high for a miner)with lots of money in the bank and costs have been driven down.
Threat: Price of Nickel which has been hammered, but it will bounce and settle, nothing goes in a straight line.
Trend against Nickel, but in terms of fundamentals and 'value' is a compelling buy.
MCR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
