Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: News
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Sep 15, 2008 12:35PM
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Sep 15, 2008 12:45PM
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Sep 15, 2008 01:16PM

Sep 15, 2008 05:45PM

Sep 15, 2008 06:04PM
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Sep 15, 2008 08:39PM

Sep 16, 2008 12:09AM
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Sep 16, 2008 03:11AM

Sep 16, 2008 05:19AM

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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