Hi! bears are prowling with the 7.50 price tag of nickel. #NIKL however even selling at 7.36 per pound last quarter still made 400% increase in earnings. Indonesia (upon consensus is expected to only enter the smelting market come 2017 to balance the market.) Guess only Wealth is the one constructive. boohoo. ***** Attributable net income, net of minority interests, increased by 419 percent to P3.30 billion from P636 million, . Total volume of nickel ore sold and delivered from the companys four operating mines reached 7.73 million wet metric ton (WMT) compared wtih 5.54 million WMT. Nickel Asia said the realized nickel price for 3.80 million WMT of ore averaged $7.36 per pound. The price was lower compared with $7.54 per pound a year earlier but the volume was higher from 1.97 million WMT of ore in the comparable period. gmanetwork/news/story/374019/economy/companies/nickel-asia-claims-profits-increased-by-400-percent
Posted on: Tue, 30 Sep 2014 09:21:27 +0000
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