quarterly report out , page-6

According to Interfc on an earlier thread, the lease renewal should take 'at least' 10 weeks from 22nd Feb 2008. Also, I did read that RMI's Wowo project does not have any effect on the Kakoda track ...... that is another exploration company's problem.

It seems to me that except for the iron ore lease sale (to generate Wowo & JV working capital and provide more focus), little will happen to the sp until the Wowo lease is renewed (by say May/June). By then of course, the state of the world market and global financial situation will be a critical factor. On the positive side, this Ni deposit IS world class and therefore cannot be ignored forever, despite questionable management! Just be patient folks!