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37,286 Posts.
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29/06/04
17:21
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hi cofi
no doubt that (mcr) will be going up..
just remember it was 55cents early june..
now it around 70cents (hit a high recently 72cents).
thats not bad going in anyone language..
even now the price of nickel is approx AUD$9.70lb.
management state costs around AUD$3.80lb..
even if the p.o.n falls slighty mincor still have a healthy margin..
do your own research, and if you think this is not value let me know...
see chart, shows needed this breather for the next run..
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