Is my figuring.
Costs cut/close higher cost mines
Well managed
Debt free
Cash on hand
Very Low current PER
Nickel Price has been desimated, yes could go lower.
Though when economy stabilzers & recovers this will too. Sold down from $5 to 50 cents lol
Wait for 40-50 cents not sure about that ( i have been wrong about many things in his market eg who would have though RIO would drop from $170 to $30 or WPL $70 to $28 or Oil $150 to $44 a barrel
All I now beleive is the devastating price drop in MCR (90%) is likely to have been completed. i do;t see another 30% more
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