Ann: Positive Nebo-Babel Optimisation Study Results-CZI.AX, page-5

I need to go and have another look at the earlier scoping study announcement. I've always thought they have been positive about their outlook. They know they are sitting on a proven resource, they just need an improved nickel price to get underway. The good news coming out of yesterday's announcement is that once they are up and running (within 5 years - this is an extension of the original estimate, probably due to nickel price), they believe they can ride out any future volatility in commodity prices and produce for 15-30 years.

Good to see a bit more confidence returning to the stock, although we still have a very long way to go! Would be nice to sail past 5c in the next day or so. Wasn't too long ago we were at 30c and 10-20c was looking cheap!