Good recovery in the share price today. No doubt due to the recent improvement in nickel prices.
It is also noted that Nickel stock levels have declined , but are still much the same as they were 12 months ago.
Although the prospect of mining gold will be positive for the stock, it is clear to me that the movement in the Nickel price will have a much greater impact.
Hope the rise in Nickel prices can be sustained.
MCR Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held