$a,nickel supply and no announcements b

Had a great chat just then with my broker on MCR and Ive concluded the main drivers on this stock were:
1/the well managed tethyan float and managements refocus this year on production costs amongst other things below
2/extension of existing mine(s) lives beyond year+5
3/large market supply shortage of Nickel at least until 2005
4/Nickel price strength and mkt.consolidation thereto
5/further tenement results on other sites imminent
6/followup to maiden div.
7/half yearly accounts in February
8/unhedged from January
9/basically profitable production

Risks:
nickel price retracement
a$
poor announcement flow

Whilst at a 91cps we fell short of the previous target of $1.03 by 31/12/03...on a limb again he believes $1.20 by end February and at least that puts it onto more fund/broker radar screens and a June 30 target of $1.50-$1.60!

#####DONT GIVE UP ON MINCOR#####