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Fast Santa Rita payback

MIRABELA Nickel’s Santa Rita project in Brazil could potentially payback its entire $US130 million capital cost within two years should nickel be fetching $US5 per pound in the initial years of production starting from 2008.

Michael Quinn
Fast Santa Rita payback

The company believes the potential $US80 million debt component of the capital cost would be repaid within 15 months at $US5/lb, compared to 19 months at $US4/lb and 11 months at $US6/lb. Nickel is currently...

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