Hi,
Current Nickel price $4.74 US per pound. and steadilly increasing.
(from qtr reports)
So, RAMU gross sell for current Qtr = $4.74 * 2240 * 7106 / 0.72 = $A104,789,813 $104 A million.
plus Cobalt credits:
RAMU reports suggest $2M nett profit per 1000 tonne Ni produced past year.
HIG share 8.56% , potential to go to 20%.
s0, annual cash to HIG expected to be 31 *2 *8.56 % = $5.3M
Anglo to pay another $5M cash in FEB.
HIG cash building rapidly , currently $A13.5M
hope this helps.
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Hi, Current Nickel price $4.74 US per pound. and steadilly...
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