yooooooo hooooooo nickel over here

Forecast nickel production 2007

6,000-6,400t (contained) @ $4.50-$5.00/ per payable lb.

EXCEPT the price has just jumped to $6

MRE is capitalise at $2,879 m on 34,000 t
CSM is capitalised at $514 m on the 6,000 t
csm produces 17% it is therefore worth
$489 m or $2.15
Has plans of developing into a 15,000 t producer
ie a $6 share ;-)

But hey don't forget the manganese operation supplies 10% of the worlds market.
That must be worth something
And the zinc, chromite, iron ore,copper...