MCR mincor resources nl

expecting a spot ni selloff are we

  1. 1,539 Posts.
    Surely with the way the spot has jumped to Us $11.60/lb there must be a retracement tonight or tomorrow coming.
    Im hoping the punters who jumped into MCR over the last fortnight realise what a gr8 long term equity investment it represents and dont panic and exit when the retracement in Nickel comes.
    Seling 13,000 tonnes per annum at over A$30,000/t means there is plenty of long term reasons to hang around, not just the spike to A$35,000 in the last few days.
    A well timed announcement re divs or exploration will push them to the next leg methinks.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.