Mincor posts loss on lower nickel price

AS EXPECTED, lower nickel prices have hurt Mincor Resources’ bottom line, with the company reporting a $A22.45 million net loss after tax for the 2013 financial year.

Mincor posts loss on lower nickel price Mincor posts loss on lower nickel price Mincor posts loss on lower nickel price Mincor posts loss on lower nickel price Mincor posts loss on lower nickel price

It compares to the $240,000 profit posted this time last year, but was within the company’s previously flagged guidance of a $21-$24 million loss.

loader