GREY:LBEFF - Post by User
Comment by
Nickel77on Jul 26, 2012 10:52am
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Post# 20154498
RE: Back again
RE: Back again
Wolfin, Durps
You two seem to be getting excited lately. Do you actually know what the production levels are right now for the Mill? With the average grade of the McWatters Mine being lower than expected, and with Ni price sitting at just over 7.00 dollars, I am guessing they may be loosing money for every pound they are producing at this time.
Yes, Hart always has looked to be the best part of the puzzle for this company, but with the debt LBE has taken on, and with current and foreseeable low Ni prices, what news has there been to make the both of you feel so positive about LBE?
Best