The fine line between making a profit with the heap leeching and to making a loss is so fine that again we wont be mining for another 2+ years. How long can we keep going at a loss with zero income? I expected a far better return from the heap leeching than what the scoping study showed us and this now proves it.
I cant see nickle prices going up, demand from china will slow and the AUD isnt going down any time soon, even copper is going down.... i think the rabbit is dead.
I hope im wrong.
FXR Price at posting:
5.2¢ Sentiment: Sell Disclosure: Held