Ann: Exploration Identifies Three Kilometre Ni-Cu-Co-PGE Target, page-14

I am not one to talk the price up or talk the price down. I take a long term view and try and look at the big picture.

1.This is what I like, the location of the tenement, both in terms of geology and in terms of transportation infrastructure
2. The price of Copper and Nickel currently

3. The effect of China not buying our Iron Ore with which they use our Nickel to make steel.
4. The renewable revolution (ie EV's and Energy) and the subsequent demand for Nickel and Copper
5. Australia's safe trading nation status (we are very good to deal with)
6.The caliber of the Company personnel their history as managers, how much of their funds have they spent and how much is left
7. We already know the Company is working toward a bankable evaluation and have a few years of cash up their sleeve.
8. The MC
9. If I was the company what is my ultimate goal am I on track and how far down the track am I.

The down side is, who knows, but the down side is not ever going to be ruthlessly obscene it might hurt but not wipe me out

So therefore factoring in all the above my advice is, "DONT FLINCH"

P.S. please don't listen to me I have no idea what Im talking about.