I'm talking OZ dollars, please correct me if I'm wrong.
What price is Mincor hedged at and how many to?.
Can't imagine it is more than the $17,000 a ton OZ,which it is at the moment, I think Nickel averaged $18,000 a ton last year.
But even if profit is $8 million lower, will still command a nice profit!
That's if Nickel stays low, but like I say totally unpredictable, is the Nickel price!
We will get a good indication next week.
