NIC 6.03% 93.5¢ nickel industries limited

No the decimal place is in the right spot. The headline profit...

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    No the decimal place is in the right spot. The headline profit result is US$71.8M but there is a US$57.3M revaluation adjustment that occurred when the company switched from equity accounting to consolidating the Hengjaya Nickel Project.(see note 15) There is also a c.US$730k fx gain.(see note 5) Backing out these numbers gives you an underlying NPAT of about US$13.7M. At least that's how I see it. Also worth noting is there are no sales numbers from Ranger Nickel in this result so a pretty good result for about 4 months of ramp production from the Hengjaya Nickel.
 
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