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Share
27/10/04
02:05
Share
Longer term MRE is looking better than in previous years.
Some reasons being,
*Costs have been coming down with improved effeciency.
*Production is getting ready to increase
*Nickel & Cobalt prices are set to remain higher,longer
Upside from todays prices is large.
Judge01,
MRE will issue a 20 cent dividend late November if the dividend is approved by shareholders at the AGM(early november).
Until shareholders approve the dividend, the dividend is not official & that is why your broker will have no record of it.
That is why I also believe the 20 cents dividend is not incorporated into MRE current shareprice.
Cheers.
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