AUZ 6.25% 0.8¢ australian mines limited

code acceptance- yesss, page-10

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    lightbulb Created with Sketch. 14
    re: $70m/year cash flow pa, cap=$29m worth reading DOC http://www.miningnews.net is out of date at 31-Dec-03 but gives:-
    Nickel Cash A$/ton (lme) 22126.5000 -200.4000
    it has gone up since 31-Dec-03

    Other points - the mine is refurbished already and mining has started. I see Ni staying up around these prices and so only allowed for a 10% drop. Cost of mining - what is it for similar operations VRE, FXR, TTR? Blair is an existing mine - so start up is nothing like AGM or other new mines.


 
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