$31 bil in ground...$0.10 expect, page-21

re: still strong buying @ 1.7 >>>> Could this be the reason for the recent buying?

The following is an extract from the chairmans address at the recent Jervois AGM...

"Until recently, it has been difficult to fund the necessary testwork, as nickel in laterite had little investor appeal. Recent sharp rises in the nickel price and a shortage of stainless steel have changed the climate. As a consequence, the company has re-started its appraisal of the Young nickel resource with a preliminary metallurgical report due by the end of November 2003"

No sign of the report yet...perhaps it has been delayed so a few "mates" can pick up some more shares first?

Cheers!