AGM australian governance & ethical index fund
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Wednesday, August 8Returning to nickel. Despite MRE’s continued...

  1. capman
    5,048 Posts.
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    08/08/07
    23:17
    Post #: 2696354
    Wednesday, August 8

    Returning to nickel. Despite MRE’s continued bearish near-term outlook for nickel prices, MRE are nonetheless becomingly increasingly positive on the Australian nickel sector. Market valuations have returned (sharply!) to what MRE now view as attractive levels and the key exposures possess exciting growth profiles and strong balance sheets (not to mention minimal country risk). Additionally, MRE continue to believe the medium and longer-term outlook for the highly consolidated global nickel sector is strong.

    AGM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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