q report, page-8

That the price of Nickle does seem to rise any longer to astronomical hights could probably only be seen as a postive for the nickle industry. If the nickle price would keep on rising beyond control, it would price itself out of the market and substitutes would be found and implemented where possible. The chairman of WMC mentioned this a couple of months ago. So we should be looking forward of having a nickle price which stays at current high, but reasonable prices, with the knowledge that substainable profits can be made now and in the near future.