second half profit Dear Tuberider
On those assumptions, I would suggest $230 M (gross)for the second half is closer to the mark.
It is difficult to say that the nickel price will be at these levels going forward but on my estimates, MRE has made $110 M (gross) since 1 July.
$230 M for the half looks easily achievable, but one must factor in tax / tax losses.
Regards Eos
will end further up today imo, page-4
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