Ann: Progress Report , page-2

This link with DIR is starting to look very exciting for HRR. How much will KNP be worth if HRR has a proven low cost method of extracting the Nickel?

There is a lot more nickel at KNP than at Nova and whilst I don't expect the OPEX to be as low as the $1.84/lb (excluding co product credits) that DIR are quoting from a previous study, because the grade isn't quite as good, anything anywhere near that figure would certainly be company changing.

Regards

Wriglet