Ann: Company Presentation - Australian Nickel Conference, page-11

Hi Harley,
I agree with you but would make two observations.
1) CZI is a little atypical of most developers since it has a different funding mechanism for it's project and demonstrates a lower volatility than most of it's ilk (maybe reflected in the top chart). I see the orange line as dominant.
2) because it is a developer it should have significant volatility and broad bands like you've shown on the second chart.

Bottom Chart
If you project the price shown a the top of the bottom band from the bottom chart you get say 17c a decent target post the PFS (two bagger from here) and not far away.
If you project the top of the top band from the bottom chat you get say 30+ c. A four bagger and a decent target post DFS and funding.
Note we got the top of the top band in Nov 2017 with release for the FFS.

I'm not a chartist but in general I'm happy that we held the lower band recently and can challenge the upper band on fundamentals.

Thanks for putting up the charts.

If I've committed Chartist sacrilege. Mae Culpa.