At $24,560 AUD/tonne (31 December nickel price) and assuming the upper end of the production target (36,000 tonnes) we'd see about $300m profit for the year.
There is potential for high profit this year. Even if nickel fell a bit, or the AUD rose further we'd see $200m-$250m.
Not much news to come though, just what should be solid cashflow until 30 June when we could see some drilling results.
running out of high grade, page-7
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