Hi Gupper, You say that you chose Minara over Jubilee as you considered Minara under valued. You also say "MRE owns one of the world-class nickel resources" and "with a very long mine life"
I guess that you are more interested in companies that are already producing, because if you are interested in an under valued nickel laterite company with Australia's LARGEST RESOURCE and of THE HIGHEST GRADES then perhaps you should not have overlooked Heron Resources who's shares languished at 14 cents only a month ago when two independant valuers had put a value of between 86-89 cents on HRR shares about 3 years ago when nickel was less than half its current price and Heron's resource was one third of what it currently stands at. Australia's Largest Resource and of The highest Grade, consistency type and uniformity.
Heron have today requested a trading halt pending an announcement and perhaps their share price will be re rated after the announcement. Anyway, good luck with the lower quality grading at Minara as Heron will become the dominant nickel company in Australia in the future.
Cheers Sally.
MRE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held