MBN 0.00% 8.3¢ mirabela nickel limited

First Quantum Ravensthorpe June Quarter Loses at 18 million US....

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    First Quantum  Ravensthorpe June Quarter Loses at 18 million US.
    The mines averaged all-in sustaining costs of $US5.17/lb for nickel in 2016 but that has blown out to $US5.70/lb for the first half of 2017.
    At this rate , Ravensthorpe lost around 80 million US for the whole year. BHP nickel west will be more
    loss than this. How long can they stay online????
    MBN at C&M / one year cash burn around 6 million only.

    https://thewest.com.au/news/kalgoorlie-miner/ravensthorpe-nickel-mine-gloom-ng-b88552463z
 
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