Dear All
The average 2006 earnings estimate for the 8 brokers who follow MRE is now 67.1 cents ranging from 59.1 cents (Austock) to 72.7 cents (Goldman) making a PE of 8.42.
This compares with JBM with an average of 92 cents and a PE of 14.2.
Both are likely to surprise on the upside due to the low nickel price used in the various models.
Regards Eos
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