RMI 0.00% 1.6¢ resource mining corporation limited

problem is u r using a Ni price which is higher than todays! I...

  1. 427 Posts.
    problem is u r using a Ni price which is higher than todays! I think you will find that common practice is to use historical prices for NPV calculations so your $45billion figure is useless except to compare with other similar projects. Also capex for laterites from my understanding is considerably more expensive then for sulphides and raising the money may be an issue (rule of thumb is sulphids cost 25% of laterites). operating cost may also be concern. Check out HRR. having said that this was the ann that the market was anticipating prior to the sub prime mess and at under 4c is looking very cheap.
 
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