over the past few years mincor has plodded away keeping its head above water in a tough environment.
nickel production was more or less replaced by "new" findings in the existing mines.
holders have been rewarded with a good divident out of past earnings.
the recent announcements are changing the game:
- new mines will be established significantly extending minelife and therefore mincor existence
- these will require quite a bit(anyone wants to guess?) to build/run etc
- some technical/operational risks
- how to pay? CR or from existing cashpile?Impact on dividents...
just a few thoughts - am sure there are more things to consider.Overall positive but higher NI prices would help..a lot..
cheers
over the past few years mincor has plodded away keeping its head...
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