The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (15751)	6/23/2004 5:54:47 PM
From: jimsioi	Read Replies (1) of 110194

RNO From their latest earnings release.... "Aguablanca Nickel Project Project construction is on schedule with commissioning of the plant expected to commence in August and ramp-up to full commercial production during the fourth quarter of 2004. To date, all major equipment has been assembled. Mechanical and electrical installations and piping are progressing well in the plant area. Auxiliary buildings have been completed and the site office is operational. Construction of the tailings dams and powerline is in progress. The mine contractor is advancing pre-stripping and has now exposed the ore. Annual production from the open pit is expected to average 18 million pounds of nickel, 11 million pounds of copper and 20,000 ounces of platinum group metals (PGM) for a period of 10.5 years. The commencement of commercial production is expected to result in a substantial increase in cash flows for the Company." biz.yahoo.com This will be timely....they seem to have the cash, too... hmmmmm

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