MCR mincor resources nl

pitiful, page-21

  1. 5,256 Posts.
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    This is Panic....

    The company is well run/managed, pays a handsome dividend 7-8%, debt free, PER of 4.05, Book value of 78 cents (high for a miner)with lots of money in the bank and costs have been driven down.

    Threat: Price of Nickel which has been hammered, but it will bounce and settle, nothing goes in a straight line.

    Trend against Nickel, but in terms of fundamentals and 'value' is a compelling buy.
 
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