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production this quarter is going to be 7500 tonnes against 8500 1st quarter indicating a total production of around 30000 tonnes down from a forecast 35000 tonnes they have nil debt and in excess of 100 million dollars on hand the pe is now around 5 and they seem to be handling the various maintenance problems mre should make a bit over 100 million in full year profit if nickle stays above 5 dollars a pound .on value mre is a good investment but the market is unconvinced of the plants reliability and need a couple of quarters of steady production to be convinced . on fundamentals mre is worth double the current share price but the market is saying its yet to be convinced.wrongway