depression, page-12

Just a couple of things to ruin your day
The diluted cap of this has climbed from around 25 mill to 40 odd mill with all these rights issues etc
Maytich said 5 months ago production would be 3000 ton per annum mysteriously in the annual report it was 2500 per annum with the grade at 2.0 instead of 2.3 as before
In the last newsletter it said " 7845 tonnes were shipped this quarter" and gave a gross revenue of A 8.4 m
that works out at around $7.00 A a pound for the Ni yes thats right Australian not US, there must be a typo or a retrospective payment later i guess
Working it out from the last quarter filing it will give a profit of only about 1.5 million for the whole quarter. Still production is up alot for November the one redeeming quality