re: still under pressure Matich has exercised 500,000 unlisted options, presumably to sell on market. Recent exploration reports have been mixed - nothing really indicating near-term extension of mine life. Production continues at the 700t contained Ni per quarter, probably at around US3.00-3.60 lb cash cost.
May continue to drift until revised reserves come out or some good exploration hits near existing declines.
angus
re: still under pressure Matich has exercised 500,000 unlisted...
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