AGM
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0.00% $1.60 australian governance & ethical index fund

best drilling result ever, page-8

  1. Mycontacts
    1,646 Posts.
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    23/05/05
    09:18
    Post #: 917784
    re: 15c next stop on the chart. big vol fri I have heard they will be able to process 200000 tonnes p/a. @1.5% Ni gives about 3000 tonnes at say $20000, currently higher. Around $60m revenue, worst case 10% margin equals $6m profit. Tonnage and Nickel price can vary and margin is probably greater. Also they will still go ahead with the construction of the mill so they could have 2 sites generating profit.
    AGM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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