MCR mincor resources nl
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dividend rate nickel trading 1720

  1. entropylord
    14,244 Posts.
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    22/01/07
    20:02
    Post #: 2130945
    Folks,

    Nickel now 17.20 USD/lb.

    Not sure where this leads, but meanwhile MCR is printing dosh. Any bets on the divi for April?

    My bet is unless there's a huge (gigantic) investment pending MCR will need to look at returning 20 or 30 million to us (ie 10 to 15 cps), only dent the cash pile by then, perhaps mostly as a supplementary divi. Historic divi rates don't appear relevant to me in current circumstances.

    Any comments?

    EL
    MCR Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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