MCR 0.00% $1.39 mincor resources nl

liftout this morning on nickel rebound, page-5

  1. 1,539 Posts.
    Krazy,
    At the end of the day the sp is just the cumulative discounted value of future cashflows and I dont believe MCR has Carnilya Hill, RAV8 etc factored into the calcs yet....dont forget all of those analysts away skiing still!
    The hy profit will confirm sentiment and sway doubters, but its getting those reserve numbers firmed up and getting production happening from Carnilya that will really see MCR jump ahead.
    There is plenty of heat on LME stocks at the moment and the PON has proven to be the strongest out of all of the base metals (and I believe it will only get better very soon). IMHO I'm just being patient as I think it will happen. MCR will go another 30-40% this year I'm guessing....but dont punt on my observations as its your money and Im just guessing.
 
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