MCR 0.00% $1.39 mincor resources nl

starting to run 61c going -re: why is it so cheap?...

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    starting to run 61c going -re: why is it so cheap? �� Strong quarterly production of 2,900 tonnes nickel in concentrate – up 80% on previous quarter.
    �� Record quarterly operating surplus of $17.7 million, on record quarterly revenues of $34.7 million.
    �� December 31st net working capital position: $15.5 million.
    �� Mincor’s third mine, Redross, continues successful production ramp-up.
    �� Mincor’s fourth mine, Mariners, becomes operational in early January 2005.
    �� Exploration success south of Miitel, follow-up drilling underway.
    �� Major nickel and gold exploration drilling programme commencing with 3 drill rigs.
    �� Mine-site accommodation village under construction.
 
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