The company’s total cost of production is US$9.50 a pound compared to a recent nickel price of US$7.70 a pound. To break even is a challenge, requiring higher grades, increasing mining and processing rates and lower development costs. We expect higher grades, but this won’t be sufficient to break even.
http://www.thebull.com.au/premium/a/29744-18-share-tips---16-july-2012.html
