Record monthly revenue of A$52 million in March, with operating cashflow for the quarter increasing by A$15.2m to A$50.1 million, underpinned by the robust nickel price environment. Nickel sales were 3,412 tonnes in concentrate at an average realised nickel price of A$18.44/lb (Dec Q: A$13.16/lb). Forrestania mine production was 3,254 nickel tonnes in ore, compared to 4,200 nickel tonnes in the prior quarter, as the higher nickel price facilitated the ability to mine in lower grade areas. Cash at bank of A$151.8m and no drawn debt, a $9.1 million increase for the quarter after A$38.3m of capex, feasibility study and exploration expenditure.
dan and the current team, u guys are going 3.87 is not best interest to shareholders
