Beach
At current nickel price POS is worthless, totally agree.
Nickel West wants to run their processing plants at near capacity, totally agree.
MCR do not have a concentrator or smelter so they are shipping ore. Beware how you price the value of the nickel contained in the ore. "Spinning off $180m/yr", totally disagree.
Nevertheless MCR has a bright future if Nickel prices are sustained above $US15,000/t.
But then again, so will all Nickel stocks - Risk/Reward.
RED
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