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Outlook
Nickel prices have improved over the past few months following the Indonesian ban of nickel ore exports. The Company’s Trojan Mine is now poised to reach steady state. Focus will be on the enhancement and reinforcement of the productive capacity of the mine and the plant through robust machinery and equipment procurement, refurbishment and maintenance systems. Improved productivity will be an imperative, and this will be achieved through focused and effective cost management and revenue enhancement initiatives. The Company’s improving financial position is expected to underpin its plans to restart the smelter. This will require an investment of approximately US$26 million. The restart model has been reviewed by an independent third party and efforts are under way to seek the funding required for the restart...

FY 2014 financial results

View Bindura Nickel Corporation Limited page on ZSE website
 
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