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I like your thoughts jefferies,
I'm thinking over 50c for a takeover but that would be getting it cheap considering the amount of nickel in the ground.They have more nickel in situ than most producing nickel companies around and definately a better product.

But I don't think management have come this far to let it go as easy as that, but it is perplexing to understand why they have asked for extra time to announce a simple placement.

I await Monday's announcement when all will be explained.