NIC 0.59% 84.0¢ nickel industries limited

...when looking at profitability of last quarter and the full...

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    ...when looking at profitability of last quarter and the full year, it hasn't changed at around 27% net, although costs have raised considerably....price of Ni sold last quarter was $18545/t.
    With current price trend I would expect profitability to rise considerably, also higher production will impact positively on some fixed costs.
    We still have this current quarter which may be affected by higher costs, lets see what is going to be average realized price for Ni sold but I am not holding my breath maybe $19000/t. Next quarter will be interesting.
 
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