Alternative Future

If the Horizon deal doesn't get up there is an alternative, narrow path.

There is a point of view that Australia production of nickel has a future, but it will be around 10 years before the Indonesian glut runs out. For those willing to punt on it this is the time to buy up Australian nickel assets then bank them. This requires the assets to be maintained at minimum cost for years.

This is the strategy of those sitting on Australian nickel assets. BHP, Andrew Forrest, First Quantum....

If this is the way ahead the current board should yield to others who would have to live on the smell of an oily rag and raise money to do so.

bacci