MRE is now green....Last years average price was nickel around 7...

MRE is now green....

Last years average price was nickel around 7 dollar per lb and thsi year will be around 9 or more per LB.

2 dollar more profit per lb......you can multiple by nickel production to.......

See my calculation on the basis of extra 2 US$ per lbwhich is highly likely

Last quarter to December 31 they have produced 5205 tons,

5205 ton = 10 410 000 lbs
10 410 000 LBS multiple by 2 = 20820000 US$ which is APRROX 21 MILLION IN ONE QUATER

IF YOU MULTIPLE BY 4 FOR FULL YEAR.......84 MILLION MORE PROFIT.

Therefore I am expecting 150 million dollar profit at current nickel price which is 9.21 / lb.

Remember that its not included cobalt.