The cost will eventually decrease and even at 6.85/6.91, they...

The cost will eventually decrease and even at 6.85/6.91, they are making 5 or more dollar per lb....

Outlook will be excellent, from the announcement

The average mined grade for 2011 is forecast to be 0.88% Nickel with an average 75,000 tonnes mined per month for
900,000 tonnes for the year. The mining team projected stope production from two to three sources at any time to allow for
flexibility and stable feed grade to the plant. The average nickel mine grade is expected to improve to 0.99% for the
remaining life of mine.


I THINK IT'S A DEFINITE BUY AT CURRENT PRICE. I HAVE READ AND FOUND IT EXCELLENT REPORT IN MAY ASPECTS.