MRE 0.00% 87.0¢ minara resources limited

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  1. 1,950 Posts.
    re: dnatron ... centre of gravity with 149 mil in the bank no debt and being on track for 9000 ton production in the sept quarter mre are on track for a similar first half profit as last year around 57 mil .mre are also going to pay a 20 cent return of capital and local brokers are forecasting good dividends going foreward around 30 cents pa . throw in a 20 year mine life and mre around the $2 mark is a pretty good buy . it will fluctuate with the nickle price but on any fundamental valuation with nickle above $10000 us per ton mre is worth $3 to $3.50 .wrongway
 
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