today's wrap, page-81

for me the share price should be around the $1.30 mark, if they dont find any other mineral deposits near by. This is once the drilling has finished and a Jorc resource statment of 100,000 to 200,000 tonnes of nickel equivalant. Some time next yr.

Once financing and construction starts then it is possible for the shares to go up to the level now and beyond depending on how profitable the deposit is in yrs to come. I cant see a mine starting until at least 2016. Lots of water under the bridge.

People have to understand im not knocking the deposit. Nova is an impressive deposit, might not see another nickel deposit of this size for yrs to come. I recon it will be the biggest since spotted quoll. Definately a valaubale asset for australia. Im knocking the share price only