re: nickel prices & the crystal ball/zzedzz Subject re: nickel...

re: nickel prices & the crystal ball/zzedzz Subject re: nickel prices & the crystal ball/tom
Posted 10/12/04 11:36 - 5 reads
Posted by zzedzz
Post #452485 - in reply to msg. 452472 - splitview

Tom are you saying add 50c for every 10000 Tonne. That would make Anomaly 1 worth $13.50??????????

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Hi Zzedzz,

The 50 cents per share for every 10,000 tonnes is only valid for Nickel found at Alec Mairs.

The reason being Alec Mairs contains Cosmos style High grade Nickel content. Meaning ultra low cost production & very High profit margins.

Anomaly 1 contains much lower grades so profit margins will be noticeably lower.

Tonnage at Anomaly 1 will be valued at a large discount to both Cosmos & Alec Mairs.

Cheers.