Royal Nickel Corp. RNKLF

RE:Q3 Financials

[marben100]

Brandon - you make a good point. Revenue/cash might be lower than we might expect, but if so inventory will be correspondingly higher.

OTOH I have seen another gold miner treat unsold but saleable gold as cash.

I think the Perth Mint will pay cash for material that just needs refining (I wouldn't expect them to accept material that needs more extensive processing).

We'll have to wait & see how RNC deals with these matters in its accounts: the notes should make the treatment clear.

Happy to see the 1,000oz specimen slab recovered and looking forward excitedly to see what comes out of the next blast (where Selby has said: "we expect that the next firings should generate a substantial number of specimen stones").

Best,
Mark