Karora Resources Inc T.KRR

Nickel price as per one site = 28,797.50 $US

[Farquar]

Wow....talk about the price exploding upwards...As Mentioned, the high-end nickel production projection per quarter is about 140 tons.....140 x 28,797$ = $ 4, 031,580.00 US gross sales....It will be interesting to see how much nickel they will have produced in this Q1 and at what average price....The nickel by-product credits are looking to be very strong this first quarter...If they end up having an average price of let's say : $25,000 and AISC is 8000$/tonne , then we will get 140 x 17,000$ = $ 2,380,000.00 US net profit 30,000 ounces of gold produced = $ 79.33 US nickel credit per ounce of gold.....Very profitable nickel mining....

[materialsgirl]

yeah. The trend was already strong. Norlisk in Russia accounts for close to 20% of the  top grade nickel.  Its share price has collapsed because  we cannot predict how much output they will have. In theory they can sell 100% of supply to China via rail but  still there will be interuptions to their Logistics and production. Sometimes a commodity has a spike in price (cobalt