EL very good points, except you forgot to mention.
1 - 17 million spent on dividends and buyback.
2 - 9.4 million spent on exploration, other than Kambalda.
3 - high grade\ high width intercepts.Production costs to remain low.
4 - Another dividend.
5 - Mincor can thread water for another 10 years at this nickel price, but many othere nickel companies will be, well broke by then. WHICH MEANS. ?
Watch this space while you watch the ship sail, from the Freemantle railway station. I'm betting the nickel price will shoot up soon. Mincor will be $1.00+
P.S - 6 - David Moore
MCR Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held