Cashed Up Bogun,
I done some maths for you
(1mt) you mentioned will make 6,400t of Nikel
It will cost $186mil to leach and sell
6,400t of Nickel sells for $200mil at todays price.
so your looking at making $14mil for every one of your 1mt which will take how long to do?
This is crap income for a company with a market cap of $1/4 billion
If nickel kept going up how they thought when twiggy got on board than you would have made a possible $114mil and then would have been good, and then this stock would have been worth todays prices.
- Forums
- ASX - By Stock
- NIA
- twiggy will run this one soon
NIA
niagara mining limited
twiggy will run this one soon, page-33
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)