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.
They just want to keep pushing the share price up higher.MRE is...
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