MRE
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0.00% 87.0¢ minara resources limited

citigroup downgrade mre from buy to hold, page-2

  1. Eos
    394 Posts.
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    11/04/07
    14:16
    Post #: 2344184
    Dear Klvnwng

    Citigroup had to reduce it due to their projected first quarter production figure.

    As the problems were early in the quarter, I don't see much risk here.

    Citigroup will have to eventually increase their target due to the lower nickel price used in their model.

    Regards Eos
    MRE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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