Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8

lot of narrative around price amd hence CTM is driven by Indonesia nickel, but its actually good thing to ensure there is bulk supply, by clearing lot of lot of forrest laterite can only meet 30%demand but having this additional nickel will ensure ev dont look for substitute, sulphide will have its own place like different kind of coals, different grade iron ore etc etc... remember when shale became big deal there was same narrative for oil and same when cng became big deal....this is not zero sum game.... price for CTM sh can change v v fast o wont be surprised if there is one M&A offer for $80c and next of $2 soon... things can change v v fast remember sirus resources..NOVA... imo dyor