don't look now but ni is on the move.

Surely the Blair Mine must be slowly but surely be looking like a good option to re-start. ATM in Ni is quoted at approx Au$12.50 (Kitco adj. to AUD). Depending on how much capital devp. is needed the costs could be anything from ~$7-$12 per pound. I dug up one of the last qtlies from when the co. was running down Blair and they stated that another high grade face was able to be accessed easily should the mine be re-started...

I ask the question - another cap raise??? Or will they try to do something to trigger the exercise of the oppies??? Obviously they don't have sufficient funds to start it as is they would need cash from somewhere...