profitable ?, page-5

Atotx,

Err umm, seems to me that speculating on WSA's profitability is fair enough. Not sure however that anyone does it cheaper except Norilsk in their homeland, and then because of the byproduct credits.

With WSA it is only any CAPEX they are spending outside of the Fox, and the Golden Quoll that bothers me, and I think they're trimming most of it. They need to preserve some cash for aquiring the Lizard (from KZL or from the recievers).

Pon has to turn, just today we hear of another one biting the dust (ALB's Munali laying off the workforce, although the naughty boys haven't told the ASX). Nickel mines are falling like flies. Amongst the sure survivors will be WSA's Fox and Quoll, and IGO's Long imho.

EL