wingellina, page-8

If Nickel prices stay at these levels ,many such as Minara would go broke .Their sulphur use is roughly double what Wingellina would be .The point is ,I dont believe a company should be valued at these depressed prices any more than they should be valued at $50,000 t .
Claude hills will have a resource later this year ,and dont be surprised to see the possibility of a larger operation proposed if it stacks up.
Wingellina will be one of the lower cost Laterite mines ,and looks to have a good future even at rock bottom metal prices . At higher prices there will be lots of cream .Good sulphide operations simply wont keep up with demand so laterite operations will take hold and prices will have to rise again to make it worthwhile .