janeobviously the current bearishness on nickel does have a...

jane
obviously the current bearishness on nickel does have a bearing on MRE's price, however I am of the view that it's not solely responsible. I am sure you have noticed that the whole financial crisis is having a negative bearing on the entire market...not just MRE.

there are also many positives out there that the market has totally disregarded (ps it's in panic mode and highly irrational at the moment) ie lower sulphur costs, lower aussie dollar, lower fuel prices, better production AND off course looming corporate activity!