re: mre to reach $2.30 before close? A dissapointing finish for MRE.
Up only 1.3% to close at $2.23
Every day that nickel prices stay above $6us/lb downside risk in MRE gets reduced & upside increases.
If Nickel prices hold above $6.50us/lb tonight I expect MRE to have a better day tommorow.
Cheers.