MCR mincor resources nl
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is it really a 50 mil plus profit this quarter

  1. waltersb
    18 Posts.
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    16/10/06
    11:21
    Post #: 1856238
    Is my understanding wrong or is the below correct?

    September quarter
    - (provisional figures) 3,600 tonnes nickel in concentrate.
    -Cash margin per pound Nickel 7.25 Aus$

    3,600 tonnes *2204 = 7,934,400 pounds

    7,934,400 * 7.25 = $57.5244 Million dollars?

    Is that correct? 57 and a half million dollars PROFIT for the September quarter?
    MCR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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