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1.55% $1.97 metrics real estate multi-strategy fund

nickel breaks $10/lb, page-4

  1. danbradster
    2,083 Posts.
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    03/03/10
    22:28
    Post #: 6402458
    $10.17/lb right now.

    If prices average $10/lb for the next year we can expect $150m profit. Plus roughly $100m profit for every $3/lb further that nickel rises (average price for the year).

    e.g. if the price averages $13/lb we can expect $250m profit.

    I am not 100% sure about the calculations, but I am fairly confident in them as estimates.
    MRE Price at posting: 76.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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