re: exploration success at south miitel
I agree - this is where you should buy more and not panic and sell out.
Fundamentals are very strong and after today improved.
* Nickel approx $AU 17,000/tonne * No debt * Dividend paying * Plenty of exploration upside * Strong market next 2-3 years * Unhedged as of Jan 04 * Production to increase to approx 14,000 tonne/year * Gold exploration to commence * Outlook for Gold positive - to break $US 400
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
