MCR 0.00% $1.39 mincor resources nl

Thanks for doing your bit Red, the SP needs all the help we can...

  1. 521 Posts.
    Thanks for doing your bit Red, the SP needs all the help we can muster.

    I must apologise for setting off the whole downtrend buy buying back in at 1.35.

    I see value in MCR at these prices. In a world is not going to end scenario, MCR will right itself and get back to producing 15,000 + tpa, costs will come down and money will be made.

    Not sure when this will happen, although I betting in the next year or so things will be back on track. Even if I knew the exact time frame (say the first quarter with 4,000+ t), when will the market price it in? Probably before we know the production level. I'll be keeping my pants on with this one rather than chasing something else right now.
 
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