MCR has had nothing but Ni upgrades and a realisation of money in the bank since May this year and it has held its position these last 2 months. It is running head and sholders over its peers. Money in the bank is king at the moment IMO. The graph is based at ASX low 6th Mar. (Note % graphs can look however you want based on their start point)
This graph hurts my head to contemplate but I see that if I were an Ni miner in the US my Ni price has increased by 60% against an Australian miner of only 30% its just hard to get your head around comodity prices in US dollars. (Plots here are not pin point accurate as I take the prices manually from kitco AM each morning but without any doubt they show the trend)
Cheers Coopes
MCR Price at posting:
$2.32 Sentiment: Buy Disclosure: Held