Nickel production (Sep QTR) - 928t (Nickel grade - 1.88%) Nickel production (December QTR) - 1,015t (Nickel grade - 1.75%)
Revenue in the current Dec QTR - slightly over $20m
This ramp up appears to be moving along at a slow pace?
I expected way more nickel production (higher revenue) and better grades.
Yet they claim production guidance of 8-10k still maintained? So in the second half they ultimately need to achieve 6-8k of nickel production to meet their guidance. (Yet they have only increased production by 8% from the Sep to December QTR).
What am I missing?
MCR Price at posting:
$1.63 Sentiment: Sell Disclosure: Not Held
