JRV 10.0% 1.1¢ jervois global limited

miners face funding fears, page-39

  1. 279 Posts.
    You ask a stupid question you get a straight answer.
    Where did I use the term average price in my post?
    LME nickel price say 6th OCT $US14,400 tonne.
    Here's the tricky bit for you so I'll take it real slow.
    A$.72c to US$1.00.
    Therefore (are you still with me) 1/.72= 1.38888888
    Again this is real tricky.
    14,400x1.38888888=19999.998.
    Round that off to A$20,000 tonne nickel price.

    Any more questions?
    P.S. now that you have had a maths lesson can you work out the Pb&Zn prices for us in Aussie $'s. Why did INL shut down the Hellyer Plant?
 
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