re. turning into a dog again., page-2

You would be correct, but that is the nature of hotcopper barbal. There are traders and LT holders posting on the one stock (on every thread). That is why other sites such as SS offer a better place to discuss. From memory many of the LT holders over there don't even bother coming here for that reason.

It appears that while we have all had our eye on zinc, management have been moving on and readying for the next metal. A few posters on here have stated (in the past) that INL needs to expand further from its tailings project and it appears this is beginning.

Knowing how ultra conservative management is, it would be interesting to find out how long this plan has been in the pipeline and how the tests from JRV's grounds have fared. For INL to make such a move they must be confident the process will obtain good results from the laterite. Maybe someone closer to the co. such as Boomer55 could get in the ear of PW and find out what has happened.

I also wonder where the chinese sit in all this? From the article below it appears they may not be confident with JRV's tech (in terms of time). Have they mandated that a more proven technology must be used for the MOU to go further? Lots of questions to be answered.

"An arm of the Guangdong provincial government is running the ruler over the laterite nickel-cobalt project near Young, NSW, owned by Jervois Mining. Not only is this a laterite deposit, hard enough in itself, but Jervois has had to develop its own chloride leach technology to extract the metal.

That, despite good results in early tests, is still years away from being proven as financially and technically robust. But the Chinese are clearly taking the long-term view, and apparently money will be no object if they like what they see.

Jervois has been working on the technology for more than two years. The company is more tortoise than hare; it started looking in the mid-1990s for an economic deposit of scandium (used in high-intensity lights), so far without success, but is not giving up.

A plodder, but a persistent one. "

(http://www.theaustralian.news.com.au/story/0,20867,21200059-18261,00.html)