MRE is far off my $3+ predictions.
Plant reliabity & shutdown was the main reason why.
The shutdown is Bi-annual so History.
Reliability is another factor.
As others have commented $1.50 looks to be downside, upside appears much larger.
Excellent Operational Performance will see JBM style share price performance.
It can happen it's just a matter of, If &/or When.
Nickel Prices are supportive.
MRE just needs to dig the stuff out of the ground & sell it.
Simple really.
Cheers.
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