MCR 0.00% $1.39 mincor resources nl

annual results

  1. 68 Posts.
    As anyone who has followed this company knows , it is one of the best managed resource stocks on the market .
    They have flagged an accountancy loss for the 12/13 year of between $21 - $24 million. They have over $59 million in cash at bank and pay dividends - how much we will soon see - probably depends on their view on the Ni price and the $A.
    IMO the Ni price is at a bottom and the $A is not.
    There is obviously a big seller in the market who does not share this view ! How many they have left to sell I don't know but a big volume day accompanied by a crossing might be an interesting indication.
 
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Currently unlisted public company.

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