MCR 0.00% $1.39 mincor resources nl

Hi Miningnut You state:"Nickel ore bodies are not easy to...

  1. 1,816 Posts.
    Hi Miningnut

    You state:

    "Nickel ore bodies are not easy to find-the second of MCR's mines,Wannaway is due to close within six months,once that happens all the admin costs will be borne by Miitel which probably only has 18 months life left in it"


    Can you please explain why you think Wannaway only has 6 months, and Miitel only 18 months...

    ..of the reports i have read, they state Wannaway having 1.5 years life, and Miitel 2.5 years... and what about Redross?... isn't that schedules to start producing in late 2003... won't that offset Wannaway's decline?


 
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