Good to see the nickel price also going gangbusters - close to $9/lb which gives a comfortable margin over the $4/lb estimated operating cash cost - but at least another six months before Ramu commences commercial production - but it would be good to get an official announcement from them that the construction phase has finished and that the project is now in commissioning phase. But Frieda is the 'biggie' and we should get that resource upgrade announcement from Xstrata within the next week.
HIG Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held
