posted on
Sep 16, 2008 06:37AM
Ni, Co, Cu, PGM, Au Properties in Ontario Canada
Producing Mines and "state-of-the-art" Mill
Message: Re: News
Now these are numbers that Dr Nash gave me this evening.
At $8.50 Ni we make $22.6 million and we owe $16.3 million.
At $9.00 Ni we make $27.2 million
At $10.00 Ni we make $36.4 million
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Curious to know if this is cash flow or profit. Given the debt repayment inclusion, I assume that this is cash flow. Using his numbers, this gives us $18 million at $8.00 nickel. Very tight.
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