You really do have to wonder, DO some of these dumb MRE sellers realise that nickel is trading at US$8.30 - 8.50/lb. Yes, the price has gone up and down a few cents over the last few weeks, but the fact remains MRE is making more than US$3.00/lb profit. ie US$6,600/ton (AUD$8000/ton)
With production at 30,000 tons pa and a 60% share of the profits, MRE shareholders are looking at $140 million PROFIT pa.
is a woosshh on the cards, page-11
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Last
$1.97 |
Change
-0.010(0.51%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $217.9K | 110.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 15614 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 9600 | 1 |
View Market Depth
| Last trade - 15.52pm 19/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |