MCR mincor resources nl
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pdn

  1. mgale
    225 Posts.
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    11/12/06
    17:05
    Post #: 1992706
    Last statement says Mincor is currently producing 15000 tons per annum.Record pdn to add to record prices?
    That means 3750 tons per quarter
    ( Should give operating surplus of 48 mill for the quarter @average price of 14.5/lb on unhedged material)
    Means they can afford a record dividend AND a new mine portfolio PLUS Carnilya PLUS a strong liklihood of the new orebody below mariners
    The most shattering thing of all is the price has stayed below @2.50 per share,.
    Hope it stays there to give us time to find funds to increase our holdings
    MCR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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