So there's some good and some not so good parts of this report, but at least there's nothing ugly:
The not so good parts: - Higher cash costs - Lower grades at flying fox - Lower total nickel mined
The good news: - Next quarter they will be targeting higher grade areas of flying fox - Nickel spot price looks good - Continued development at cosmos
If you believe in the company management then todays share price drop is a good "buy the dip" moment, but I think I might wait to see the production cost start to drop before I buy any more shares.
Thoughts?
WSA Price at posting:
$2.61 Sentiment: Hold Disclosure: Held
