The fantastic share market returns over the last few years,...

The fantastic share market returns over the last few years, especially the resources sector, has no doubt attracted a great deal of new interest.
I feel that a lot of these newer participants are unaware of the complexity and enormous job that bringing a new mine into action involves. It's huge.

Have a look at some of the time and cost blow-outs the majors have suffered in recent times. These companies and the people running them are not fools. Bringing a new mine online is just simply a massive job. I'm struggling to think of a recent one, on time and budget. It's a problem facing the entire sector.

Its always disappointing to find we are behind schedule. However, in the current environment I think it will be a credit to management to have the mine producing only 3 months behind schedule.
Surely no one invests in emerging miners at the current time without considering possible time and cost overruns .

Its funny how great the management are when the price is going up, but then a bunch of fools when there is some bad news. Don't remember anyone complaining about management when it was heading skyward.

Looking forward
-we have an outstanding resource
-hints at increased capacity
-very low cost mine
-Highly likely, a lot more nickel found

Cheers and all the best to the AGM staff & holders