MCR mincor resources nl
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Sound crazy? Maybe not. If the commodities boom does fulfil its...

  1. Arbroath
    716 Posts.
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    24/11/06
    05:49
    Post #: 1951584
    Sound crazy? Maybe not. If the commodities boom does fulfil its "stronger-for-longer" potential as SE Asia keeps urbanising, by 2010 MCR could be producing 20,000t of nickel per year. At US$30k per tonne with an expanding PE ratio as the masses get excited about commodity investment its not so much of a stretch to see NPAT of A$200m put on a PE of 10 for a market cap of A$2b, or A$10.25per share....
    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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