PRW proto resources & investments ltd
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nickel price

  1. investmet
    30 Posts.
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    26/03/13
    11:11
    Post #: 11587334
    ? For interest, I was looking at the Poseidon website and there is a long term prediction of the Nickle price by Brook Hunt. They predict an incentive price from new nickel projects of US$12-US$14 (2012 terms)*
    - Brook Hunt long term nickel price is at US$13/lb (2012 terms). Please correct me if I'm wrong , the conversion to tonnes is about 2,200, so say US$13 per pound is about US$28,600 per tonne. If Proto can start mining and Brook Hunt is near target then it looks profitable.
    PRW Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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