Check out the Browns investor update 15th Aug 2008. The Ni-Co is recovered as an intermediate product, carbaonate form I think, and so only a % of the contained metal is paid to CMR by the buyer, HNC, who must further process the product to recover LME quality metals. 68% of the Ni and 72% of the Co metal contained within the intermediate recovered is payable. 100% of the Cu is payable because they produce high quality copper plate that can be sold directly to traders.
cheers
- Forums
- ASX - By Stock
- CMR
- just the facts
just the facts, page-10
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online