MCR 0.00% $1.39 mincor resources nl

75 million in the bank. no debt!, page-11

  1. 1,275 Posts.
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    EL very good points, except you forgot to mention.

    1 - 17 million spent on dividends and buyback.

    2 - 9.4 million spent on exploration, other than Kambalda.

    3 - high grade\ high width intercepts.Production costs to remain low.

    4 - Another dividend.

    5 - Mincor can thread water for another 10 years at this nickel price, but many othere nickel companies will be, well broke by then.
    WHICH MEANS. ?

    Watch this space while you watch the ship sail, from the Freemantle railway station.
    I'm betting the nickel price will shoot up soon. Mincor will be $1.00+

    P.S - 6 - David Moore
 
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