if production is near 17/18000t for half year to dec and nickel averages say USD24000/t for half year the MRE should make approx AUD200mio for dec half and hence $300 mio for year at say pe of 10 means to me this values mre's share price at $6 approx, this is still undervalued ,also final div could be great early next year does this all sound reasonable??? or am i missing something here???
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- will end further up today imo
if production is near 17/18000t for half year to dec and nickel...
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