Brucey,
A lot of second tier miners (and energy stocks) sp been hit in the last week or two, not just nickel.
MCR's QR should be an informative read, with costs that should be pretty reflective of what we can expect going forward.
The thing to note about the pon is the AUD value, and that is quite a bit lower than the high we had mid 09.
Agree that MCR is well managed.
EL
chart - maybe time to go long?, page-20
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