Ann: Retraction of Statements in Announcement, page-16

For anyone new this is the retracted statement vs some of the scoping study released 27 jan 2022 that it was referring to. i dont know what cost inputs have changed since that time (pre-ukraine war), but the 30 percent increase in nickel price is very favourable under those terms. we are now hoping the recent assay results will prove up the average grade of 0.4% substantially more than the 15% increase referred to in the study. the recent 4% nickel reading by an xrf some 420m down could prove significant to that end if proven in the lab.
in my own opinion and to my understanding.