MCR mincor resources nl
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Mcr, page-8

  1. entropylord
    14,167 Posts.
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    24/01/20
    16:33
    Post #: 42561860
    Laxey,

    What nonsense. WSA is only down about half that from 2019 highs.

    Regardless imho you’re trying to answer the wrong question. Question shouldn’t be why MCR is off it’s high of a few days ago, but rather why did it spike as high as 75 just a couple of days ago?

    Fwiw for others, I am happy to be in during 2020 for the newsflow. Happy to wait for subsequent years (when we are producing) for the pon. Just so long as the pon stays high enough for nor for the banks to be happy to lend.

    EL
    MCR Price at posting: 71.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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