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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by factRbeston May 07, 2017 7:38am
106 Views
Post# 26213532

RE:RE:seriously

RE:RE:seriouslygreenlantern64 - (5/7/2017 12:00:23 AM)
RE:seriously
Right on the money, dilution coming unfortunately, I thought .22 was the bottom but it could go to low teens, hopefully Im wrong.
================================================
Th market is waiting for the Q numbers soon to be released.

The market is no longer giving RNX the benefit of the doubt as they missed their projections.
Not only missed them but the miss got worse quarter after quarter.

For anyone who has issue with that the Q numbers and the presentations and MD&A's are available to show your disagreement with hard facts. Have at it.

The numbers from the last quarter to beat (not a tough challenge)
1) 7500 ounces produced for Q1 (3 Qs that number has been rock solid). They need approx 22,000 per quarter to make THEIR guidance.

2) $1335.00 net cost of operation
With gold selling below 1250 and no signs it will go up that number HAS to come down and hard
Don't expect the Q number to be in line with guidance but for the love of make money it needs to be low enough to suggest proftability.

3) $1665.00 AISC
Well that number is crazy high. After of a year of transformation that number should be near or lower than the operatinng cost. I can only assume most of the damage in this case is being done by debt interest.

Finally
And this was questioned by anothe poster
Now that the nickel is being managed by the X-MEN (Magneto).
Why is RNX still putting out nickel related work and information.
This costs RNX money so what was the point of getting rid of Dumont if they are still footing the bills.
1) The work done to get a first nations agreement (hope they billed Magneto).
2) April 24, days after the Magneto deal RNX put out a paper (presentation) regarding Nickel and the prospects. Again why?????????
www.rncminerals.com/download/Nickel+Supply+Apr-2017+vFinal.pdf

 L'ignorance augmente la misre future



 

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