re: when does mcr gets true value Dont complain about sp...

re: when does mcr gets true value Dont complain about sp guys-just consider yourselves lucky to have the opportunity to buy at these levels.
There should be at least a 10%jump in two weeks time when yet another quarterly operating surplus is announced.(unhedged nickel increased to A$42200 for this quarter so should give operating surplus of 42 to 45mill)
Nickel price lmeUS 36450 this am b4 rings opened
MCR qty hedged down with a higher hedge price so the March quarter looks as if it has the makings of yet another record.
Stocks on lme 5638 (over 25% of which are cancelled warrants) so high prices are not going to evaporate.
Just enjoy the opportunity buy more if you can then enjoy even more