Russia is the third largest producer of nickel - approx 250,000...

Russia is the third largest producer of nickel - approx 250,000 tonnes/annum. That 250,000 tonnes or percentage of is now under sanction. The price of Nickel on **promotion blocked** Metals as I write this message is up 49% to US$20.87/lb. I wouldn't suggest for a minute that this is a steady price but I would think that Russia will not be coming back into the international fold anytime soon and the price of Nickel will remain quite a lot higher than the US$10/ lb used in the Sherlock Bay Scoping study. As per that Scoping Study and in regard to the sensitivity analysis where they state what happens should there be an increase of 15% to the price of Nickel and the positive financial outcomes that would occur, I would certainly be looking at drilling the targets they have already identified to combine with the present JORC material in hand.
Should the price of Nickel settle down somewhere north of say 50% (US$15/lb) above their scoping study input, then this project has the potential economics to be a viable producer, especially with the copper / cobalt credits and I would hope this management are at least planning to get proactive and initiate a drill programme ASAP and finally bring a project to fruition.
Time will tell, unfortunately myself, and it appears the rest of the market doesn't have a lot of faith in management doing this. Their history tells the story to date.
Good luck to all shareholders.