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MRE MCR JBM IGO MPM SMY REM
fcast '05 lb costs 2.80 3.00 2.60 2.75 4.00 3.00 3.05
NPV on rsrvs. 2.50 .75 1.91 .97 - .53 .34
Cash mill. 165.0 20.3 73.0 13.0 43.0 9.5 5.0
Debt mill. 0 0.3 12.0 11.0 26.0 40.0 8.23
Id definitely wait til after tax year sell downs, but come early fin. yr its topup time.
World Nickel consumption '03 asia 30%,europe 38%,other6%,us/can10%,japan 16%.Of the 30% in asia, china is still only about 10%!
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