Karora Resources Inc KRRGF

Not dead yet! Maybe

[MaterialsMan]

From my point of view, transparency is not exactly KRR's strongest attribute.
Case in point, the short term status of its nickel business.
From what I can gather, the BHP smelter in Feysville has not shut down. I believe it's operating at 3/4 capacity. The nickel ore that Karora provides to BHP goes to the concentrator in Kambalda, and from there, the concentrate goes to the smelter futher north.
I believe that the production from BHP's own nickel mines has been disrupted for several reasons. This info is not being garnered from KRR's frequent updates (lol).
The shortage of available concentrate has to be made up. Beta Hunt is a convenient source of ore,
and it would appear that KRR does not have to virtually give it away to BHP. The shortage of ore for the concentrator should be providing Karora with some leverage as far as the price is concerned.
There was no mention of nickel sales in the production report. This makes it all a wild guess as regards  the sales of nickel ore. Maybe there will be some mention of the situation in the next quarterly financial report. Then again, maybe not.
I seriously doubt that we will find anything about it otherwise. Of course Karora does interviews once in a while, and the subject of nickel does get mentioned occasionaly.
Could be too that everyone is preoccupied in the merger talks.

[Rainman01]

As it stands we have or had three quarters of a year@s worth of nickel to be sold at the new negotiated price. If I remember correctly we are 17 thousand plus per ton Friday. We should have had some kind of update on nickel also because it is alot of money. Nickel will bounce back and give us leverage for our aisc. I would also like to know what is going on because as management has said there is