not without additional risk as the grade is on the, page-23

el,

you need to do some sums.

work out the eps at various nickel prices. for instance at US$25000 per tonne, i get 20c per share. current nickel price is US$40000 per tonne.

with a 10 year mine life and every chance that saxon and melba flat will extend it well beyond 10 i think we will see a steady rise thru 07 and beyond.

hc is merely entertainment value and can't be viewed as the pulse of the market. with this in mind, agm will do quite well regardless of the twats that jump on the bandwagon for a quick trade.

cheers.