Took awhile asterioder but the answer in today's announcement was plain for all to see current costs
$5USlb compared to $4.20 Lb current nickel price.
With stockpiles rising on a daily basis on the LME
nickel price should remain subdued for awhile longer especially with Chinese industrial production faltering. No wonder Dale Rodgers stated on 22nd October that 30-40% of nickel producers were in trouble at the current nickel price pity he wasn't honest enough to say that Albidon was one of them. The share price tells the story.
http://www.boardroomradio.co.uk/event/52875/the-new-nickel-producer
Took awhile asterioder but the answer in today's announcement...
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