MRE 0.00% 87.0¢ minara resources limited

****buyers are relentless****

  1. 3,792 Posts.
    They just want to keep pushing the share price up higher.

    MRE is acting like a "spec stock" at the moment.

    Not bad for a company with no debt & $10's of Million in the bank.

    Okay so for every 50 cent us/lb price rise in Nickel some are suggesting $27 mill extra profits.

    While Nickel has been up over $1.50us/lb for a long time, MRE's share price has only moved in the last 2 days.

    The sharemarket is trying to play catch up.

    It's all very confusing.

    Cheers.

 
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Currently unlisted public company.

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