Yes indeed, it may well be that with various smelting credits and class 1 nickel price, that the operating margin for Stricklands could be around A$18000 per tonne and at 10kt/ni+cu,co,pges the ball park figure could be A$180m profit for shallow content.
Anything around the 10kt mark or even higher will get the SP flying especially when there is Investigators and Cathedrals penciled in for similar mining plans.
The SP is way under valued and will in all probability go through a series of upward reratings over the next several months.
AIMO cheers Mulac1
SGQ Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
