Ann: NEW HIGH-GRADE NICKEL SULPHIDE DRILL INTERCEPTS AT NEPEAN, page-63

I had AOU back from the cobalt in Czech Republic days at 29c, so I exited for less of a loss at 15c after holding it for yonks. But the management, and projects, have flipped a lot since then.

The numbers look good, and it's the right size and shape for a komatiite channel. But there's a few wrinkles with these things that aren't always apparent to young players.

For example, arsenic. It is not stated what the As concentration is in the ore, which will strongly affect the revenue and offtake; this should be relatively well known if you have the time to inspect some drillhole data on Geoview.

But it would appear a laydown misere that this much Ni that close to surface ought to be payable. 100Kt contained nickel? Sure, with $10M in diamond drilling. Never forget that it costs money to explore these things, and although one might get there in the end, it's a lot of shares to issue.