Anyone able to get any joy out of these figures?
"32 tonnes hedged at AUD 58,100/T"
(about USD 50,000/T). So far so good.
But all "All future mine production is totally unhedged"
& Total mined costs (including capital) increased to A$21.91/ lb" (about USD 41,000/tonne)
That is about A$48,200/tonne. Nickel is at about A$37,000/T today. Unless that cost can be reduced or nickel shoots up in price it looks like it will be hard to make a profit?
any profit guidance, page-5
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