Hi RedTerritory,
Why would you say it looks good?
For approximately 1 month of production (looks like it was re-opened on the 26th of March) 258 tonnes of Nickel metal were produced
Revenue = 258*25810 = $6.6 mill
But costs were approx $7 mill
Admin ($0.5 mill)
Development ($2.2 mill)
Production ($3.4 mill)
Exploration ($1 mill)
I'm sure numbers will improve with time (hopefully increased production and decreased production costs) but they seem to be cutting it a little fine at the moment
Thoughts?
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