chairman of the bored, page-6

JRV is not alone here.

GME is another stock that is still to get finance/partner for its proposed project.

Extracts from GME's Prefeasibility report:

PRE FEASIBILITY STUDY CONFIRMS MAJOR NEW NICKEL HEAP LEACH PROJECT
• Annual Production - 13,100 tonnes Nickel and 630 tonnes Cobalt
• Minimum Mine Life 20 years
• Operating Surplus - A$3.70 billion (pre tax)
• Operating Costs - US$2.49/lb (after Co credit)
• Capital Costs - A$455 million
• NPV - A$1.47 billion (pre tax )
• Strong Potential for Existing Resource Base to Support Higher Production

GME's share price is down also.



Regards

SP