RE: For Discussion OnlyHoly kahounas, Couples4 is watching women shows until 10pm. He his going to have fun reading this one pekim. Good post, once he puts 2011 numbers to your formula I will either buy, sell or hold. While we wait for him to get off the couch. Can you try these numbers to your thing.
- NiEq calculations are based on long range pricing index of $US 9.52/lb nickel, $US 2.96/lb copper, $US 15.78/lb cobalt, $US 1,085/troy oz gold, $US 1,776/troy oz platinum, and $US 689/troy oz palladium. The equation for NiEq value is as follows:
- NiEq = ((Ni grade x Ni price x 22.04622) + (Cu grade x Cu price x 22.04622) +(Co grade x Co price x 22.04622) + (Au grade x Au price x 0.02916) + (Pt grade x Pt price x 0.02916) + (Pd grade x Pd price x 0.02916)) / (Ni price x 22.04622)