Battey Minerals Conference Slide 6 33 cents per share, page-9

I don't disagree that brokers reports are usually self serving and fail basic analysis. Let me demonstrate:

The company that nickel production would be at the lower end of the range of 6,600 and 7000 tonne

We now know the production for the first three quarter ( September 1,311 tonne, December 1,524 tonne and March 1,465 tonne) or a total of 4,300 tonne.

Even if the company achieves the lower end of the range i.e. 6,600 tonne that is 2300 tonne for the June quarter or an increase of 57% It could be more.

Assuming that the company can maintain that rate for 2024 that is at least 9,200 tonne.