And now a reassuring word from CEO Ryan Mount., page-198

Just for the record, as everyone seems so concerned, I don't have any association with SMM nor have I in the past. Are you happy now Invest4It? Now you are talking about a 10Mtpa operation and at the moment the mineral resource is 16Mt @ 1.2% Ni. Quite a bit of work needed to define a resource which will sustain a 10Mtpa operation on a project which at the moment AVQ can not access. Despite all the comments STILL no one has justified how come AVQ are publishing EBITDA numbers using a nickel grade of 1.5% when the current grade is 1.2% Ni and that is undiluted. You can wish things as much as you want but what you have to go on is the facts and what I have stated is directly from the companies own presentation. Look it up. I am not making these figures up, they are there in the presentation.

Well can all speculate as much as we want but nothing happens until the next company announcement.