? For interest, I was looking at the Poseidon website and there is a long term prediction of the Nickle price by Brook Hunt. They predict an incentive price from new nickel projects of US$12-US$14 (2012 terms)* - Brook Hunt long term nickel price is at US$13/lb (2012 terms). Please correct me if I'm wrong , the conversion to tonnes is about 2,200, so say US$13 per pound is about US$28,600 per tonne. If Proto can start mining and Brook Hunt is near target then it looks profitable.
PRW Price at posting:
0.5¢ Sentiment: None Disclosure: Held