MCR 0.00% $1.39 mincor resources nl

mcr hedging update from company, page-3

  1. 9,499 Posts.
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    Hi Cobby,
    Glad you got the info from the company and as you can see just the way I said yesterday. Revenue will double for the 60% that has been hedged. Now we only have to wait for the nickle price to go up, which we can all safely bet on. Only if China and the US economies collapse we are in trouble , I do not see that happen yet. Get ready for new hights which will come in with some more nickle upgrades and the latest progress on the new mines.
    good luck and thanks for the info.
 
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