re:: a serious discussion on fxr, page-6

anomoly, i refer to my previous post; is that not reasonable? most of the fixed costs we already know & it points to a profit 2008. let me know your thoughts.

actually with the latest lme prices

230t/mth & taking Ni at $30000/t & copper at $8000/t (producing at 327t/mth) total revenue would be 82.8 + 31.4 = 114.2mil/yr. exploration use prob 10mil/yr suppliers & employees prob 35 mil/yr profit left = 69mil/yr. cap being 144 p/e will be 2.5 in 2008. knowing that management is strong & reliable at production targets & poor at proving up resources there is even a possible upside to this with increased production & decreased mine life hence leading to a lower short-term p/e ratio.

prob with the above is the depreciation & amortisation & how to account for it; does anyone know how to factor these in & what the current yrs d&a is calculated & on what assets?

any idea on the cash costs of nickel extraction with fxr? cash cost of copper extraction?

how reasonable does this sound?