Ann: Trading Halt, page-29

I think this all about either executing the option on Wabowden in Dec or being able to extend the option expiry date by making a further payment to the current owner. SW stated in his update webinar that they were attempting to renegotiate the option terms given the continued weak Ni market conditions. He also stated that whilst turning on the Ta Khoa concentrator was not a viable option(tax and reduce mine life) he did state that turning on the Wabowden concentrator was something they could consider. Bottom line is he must have a decent plan/story to take to the existing major holders to get them to stump up. I did not participate in the last raise but if the majors play and I can get some comfort from SW with regard to a few questions I will put to him then I will stop my dilution and also cough up this time. A few ifs and buts I know but it is what it is right now.

GLTAH