MRE 1.55% $1.97 metrics real estate multi-strategy fund

$10.17/lb right now.If prices average $10/lb for the next year...

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    $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.
 
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