One of my shorting stocks

(I am holding short position)

MCR is One of my shorting stocks (ACR, NVT, ...)
Best Aust Nickle miner is WSA, roughly from $5 to $3 within 12 month.
The main problem is bearish nickle price.
Today Q report supported my bearish views,
********** cash costs of A$5.93/lb (target A$5.30/lb). --------> cash costs blew out
********Mincor had Quarter-end working capital = $33.89 million (end-Mar: $41.62 million)-------->cash ran out too fast
************ further 38 redundancies---------> cut staff is not good sign
********transitional period of suspended production-------> caretake needs money, is not good sign
************* it is clear that Mincor’s mining operations cannot be sustained at spot prices without substantial changes.---------------->cannot fight against the big nickle market
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(I am holding short position)