98 percents chance of success

They have 1.2 million tons of contained nickel,their cash cost is 2.45 even with a cash blow out to 3.50 their profit per pound of nickel will be $8 us per pound or 19.29 usd per kilio of nickel and with 13000 tons of production per year they will make 250 million before tax profit or 175 million after tax proift.

If they were to dilute to 300 million shares on issue with a pe ratio of 10 their share price would be $5.80, thats a 1500% increase on todays share price.

If they were to increase production to 50000 tons of nickel after a couple of years, the share price would be around $22 with a pe ration of 10.
Thats is a 5500% return on a 40cent stock.

The fact that MRE are using heap leaching and that it is working is sufficient for me to buy. In December if their heap leach works and there is no reason why it wouldnt be similar to laboritory tests then the shares will rocket past the $1 mark.