News/Research articles, page-465

They are not under-promising really. They have to be conservative which means erring on the responsible side. As directors they have to do that, otherwise they can be in hot water. The PFS and probably the DFS should pick the eyes out of the tenament, and show that it is a financial winner (which it is bigtime). If they have to include scandium, platinum group of metals, or any other metals, to make it stack up or inflate it, then I'd be worried. They played their best hand - cobalt and nickel sulfate- and were straightforward with the process. That's why I trust this team of managers more than almost every other management team that I have come across. I'm not trying to ramp, just putting forward my opinion on the PFS and its implications for us.