Don't Get Sucked In To Sell., page-85

mcik,

... Suggest having another look at Red's Ni price/sp chart if that bad feeling persists

... Three months has been the watch time over $6 that's been mentioned ...

One other thing CI mentioned yesterday was that POS's plant would cost $400m to replace. Let's say it takes $50 mil to get both up and running and as new (they're not that old btw) .. We have a company capped at $45m who's clobber is only $50 mil away from being $400 million worth of top gear... in a rising commodity market ... MCR with less nickel, no plant and higher cost of production, is capped at $75m. Do the "arithmetic" and try and make that maths equation work!! You'll be Houdini and Pythagoras all in one if you can!

I'm not saying the SP can't go into the three's... However I would say it would be totally irrational to sell them that low - barring personal necessity.

Nuff said for noo

Kip