MRE
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0.00% 87.0¢ minara resources limited

re: a rocket.....man Merrill Lynch: Buy, High Risk SB Citigroup:...

  1. markrmau
    579 Posts.
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    10/10/06
    18:25
    Post #: 1844653
    re: a rocket.....man Merrill Lynch: Buy, High Risk

    SB Citigroup: Buy, High Risk

    The idea is that if murin can repeat the performance, then xtrata would be interested in buying the whole lot (with glencore selling it's 50% holding).

    Note shutdown will affect production next year.

    Note high leverage to nickel prices. Suggestion that asian growth has decoupled from US spending over last year or so. This is VERY bullish for metals.

    The market will go further than most market participants anticipate....
    MRE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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