MCR mincor resources nl

Talks about xstrata upping its Minara holding, despite JBM being...

  1. 1,539 Posts.
    Talks about xstrata upping its Minara holding, despite JBM being considered by the mkt the most likely candidate.
    What I particularly liked was the table on p/e's showing once again the sp growth opportunity for our little MCR.
    Get the Carnilya Hill prodn started, see a bit of RAV8, further proved up our reserves, get some more positive momentum out of Tottenham for copper and makes you just convinced we aint seen the best yet.
    FYI the '08 pe's were:
    WSA 15.9
    IGO 13.2
    JBM 12.9
    AGM 10.3
    SMY 9.6
    MRE 8.6
    MCR 7.4...a pe of 10 sees us around $6.20...that would be my target!
 
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