Even at 33c not many buyers. A lot of people will be getting margin call on this one, so could be more selling on 2nd wave.
The results were absolutely ugly. They spend a lot of money on explorations and equipment etc.
Cash cost $5.93/ib = US$4.35/ib. Current Ni price is US$4.7/ib (only $0.40 margin). Stop exploration, cut salaries (including entire board), may need to cut production too.
Just IMHO.
Even at 33c not many buyers. A lot of people will be getting...
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