Been fooling around with my model in anticipation of more accurate numbers.
The table below shows the impact of the falling currency.
Ni price (USD/ Lb)
AUD/USD
NPV Implied SP (c/sh)
Description
7.15
.75
38
From FFS
7.15
.71
42
Lower AUD (Current)
6.58
.71
30
Lower Ni price
Note: my model may well be wrong & brokers usually apply a discount to NPV implied to allow for risks implied in any mining project.