CRASH
another drop away towards that 136c annual low, chart support breaking down yet again, long red bar today closed at daily lows yet again. SHORTS & UBS still working this lower.
the capex blowouts and delays just starting, BHP must be peeved, their much touted production increases now looking like overestimates. taking over OZL for $10B going to $15B inc capex another RIO africa disaster but shows they are not relying on the likes of MCR to boost Ni production at all.
NP way above their BFS but MCR SP dropping away. Market not happy.
my call 120-140c looks SPOT ON.
Yeah CUB, shoulda taken the money toombs, says Riddick.
MCR Price at posting:
$1.44 Sentiment: Sell Disclosure: Not Held
