Ann: Shareholder letter regarding ASO progress in Canada, page-5

I disagree with you post.

My question is, Why would they continue to burn cash drilling holes when they already have more than enough Nickel to support a robust feasibility study with long LOM?

I support managements conservative strategy of using this 'lull' in sentiment to understand the geology of the deposit and focus on the MET work (which is possibly going to be funded by Canadian government)

Nickel is cyclical and historically volatile, this is the best time within the project mine cycle for Nickel to be 'out of flavour' as they don't NEED to drill and they don't NEED to raise additional capital.

As investors you want Nickel outlook to be positive for funding and developing phase and prices to peak when you are pushing concentrate out the door.

Currently this project aligns with that outlook. Peak Nickel prices today would be a wasted opportunity.

Funny how its always the 'not held' posters highlighting 'RED flags' (Rolls eyes)