Production forecast is exactly that, an expectation/estimation of what they will produce, a best guess.
As for cost of transport and sulfur I can't guess at it. They did however introduce new cost reduction and efficiencies in 2010 like in-pit tailings.
I think the company is going in the right direction. The only things to worry about are out of our control - nickel prices, aud/usd, unplanned shutdowns.
MRE Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held