MCR 0.00% $1.39 mincor resources nl

With those comments it's hard to justify the present market cap...

  1. 68 Posts.
    With those comments it's hard to justify the present market cap unless you have a very rosy view of the future nickel price . It may be unlikely but if Indonesia were to change its export policy the nickel price would tumble.
    The company is well run but costs in Australia are hard to control.With an indicated full year profit of $1.5- $2.0 m a p/e of around 80 is a bit rich !
 
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Currently unlisted public company.

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