how low will it go, page-5

MikeMennell,

Are you able to quote your source of production costs? They seem a bit low for Minara. I thought Minara's costs were higher than that. Having said that, Mincor was reporting the following:

" Mincor cut its own production costs in July by more than 10 percent to under $6.00 per pound of nickel. Its nickel sold for an average price of A$9.53 per pound compared with a current spot of around A$10.25 per pound"

Source: http://uk.reuters.com/article/oilRpt/idUKSYD5743620080909?pageNumber=2&virtualBrandChannel=0