MCR 0.00% $1.39 mincor resources nl

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  1. 68 Posts.
    The nickel price is now around $A6.88 per lb.
    Mincor's cash costs are $A4.39.
    The company has $57m cash at bank and no debt.
    It's exploration results are good .costs are being contained,
    the PNG costs have been eliminated so dividens should be at least maintained and despite Ni oversupply the price isn't too bad- what more do we want ? !!
 
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Currently unlisted public company.

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