And now the market has straight away switched into..... ok so...

And now the market has straight away switched into..... ok so you've said how much you think it will cost, time to sell down until management actually have the money to construct it and get it producing.

I've just done some basic calcs for what could be the startup processing for Nicholsons using the Gladstone deposit (as advised). It doesn't include any costs, just what they could get going based on what they've presented to date. Once operating they could get their feed from anyone of dozens of deposits they have already drilled in the area.

My initial thoughts are they get this plant up and running (and profitable) then they look to build a much bigger plant once they've drilled out more of their deposits.

I think management are being very ticking the boxes well with Nicholson, but they need to get show us they can run Halls Ck more efficiently.