OAU 5.88% 0.9¢ ora gold limited

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    "SYDNEY, Nov 18, 2008 (Dow Jones Commodities News via Comtex) -- PANRF | Quote | Chart | News | PowerRating --

    Thundelarra said the mine's feasibility study was completed last year, when nickel prices traded well over US$20 pound.

    Since then however, nickel prices have plunged to below US$5/lb, and are now only marginally above the Copernicus cash production costs."


    Remember the copernicus thread. $5 is marginally above cash production costs.

    $6 is a bit better.
 
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