MCR
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0.00% $1.39 mincor resources nl

Russ,I am not sure it is overvalued with the current cost...

  1. entropylord
    13,963 Posts.
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    08/02/10
    18:19
    Post #: 6303372
    Russ,

    I am not sure it is overvalued with the current cost structure and nickel price outlook.

    Take a closer look, most of the "profit" is coming from the hedging, which is just about finished, without which the Sth Kambalda division is marginal at best.

    EL
    MCR Price at posting: $1.38 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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