With the nickel price closing at $7.85lb.
The Aud at 76.6c.
Nickel stocks at their lowest level in years.
Cash cost of production even at the highest end at $2.40lb.
Total production at 40,000 metric tons of nickel.
Production being ramped up at the right moment.
This has created a perfect storm for minara.
Do the maths guys,their profit forecasts will go out the window soon.
- Forums
- ASX - By Stock
- MRE
- what is the matter with the market
what is the matter with the market, page-5
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online