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Nickel production (Sep QTR) - 928t (Nickel grade - 1.88%)Nickel...

  1. Mason8
    296 Posts.
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    30/01/23
    14:54
    Post #: 65950968

    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
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    lightbulb Created with Sketch. 1  Great analysis
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