since relisting on 14th october 2010

Those that bought at the open 30c are down 50%.
The 3rd quarter report will probably only restate what we already know as per the AGM presentation. The average cost of production is US $5.98 a pound on production of 2000 tonnes of nickel since Jan 2010. Though they don't clearly state the average price they have recieved per pound of nickel. I guess we will be able to better judge if they can match their forecast cost of $US2.45 a pound when and if the mine reaches full production of 9000-10000 tonnes of nickel per annum. Only time will tell....its always been easier to talk the talk than to walk the walk !!!