Nickel now up to 19120 AUD tonne

With the AUD fall last night, and the the Nickel price increasing a tad, we now have nickel at 19120 AUD per tonne (8.70 AUD pound)

Thats approaching last years highs when priced in Australian dollars.

With PAN's 46 million pounds production... thats ... ummm... an extra 6 million profit simply from lasts nights 15 cent increase. And thats without thinking of what the price of oil dropping in terms of lower production costs.