re: pre-feasibility study coming next month The dividend was...

re: pre-feasibility study coming next month The dividend was certainly a surprise(pleasant)to me - hopefully it reflects their confidence with the Phillips River project as we know that RAV8 is probably only got a short-term life now - no use starting to pay dividends if you can't keep them going - I hope they weren't getting carried away by the nickel price in Feb(US$17k/t) when they declared the dividend together with the excellent production they had in the Dec qtr which unfortunately wasn't repeated in the Mar qtr.
I think they're very confident about Phillips River and how much profit it will generate.
We should have a better idea in mid-June.