starting to run 61c going -re: why is it so cheap? Strong quarterly production of 2,900 tonnes nickel in concentrate – up 80% on previous quarter.
Record quarterly operating surplus of $17.7 million, on record quarterly revenues of $34.7 million.
December 31st net working capital position: $15.5 million.
Mincor’s third mine, Redross, continues successful production ramp-up.
Mincor’s fourth mine, Mariners, becomes operational in early January 2005.
Exploration success south of Miitel, follow-up drilling underway.
Major nickel and gold exploration drilling programme commencing with 3 drill rigs.
Mine-site accommodation village under construction.
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excellent quarterly, page-11
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