Agree that bank finance looks a long shot at present, but if...

Agree that bank finance looks a long shot at present, but if nickel price increases there may be other ways to get there.

As to the proposed process being unproven I thought what they were proposing will be largely what Minara are doing with their heap leach initiative. Similar process and similar ore means low risk (assuming its working OK for Minara) plus their own large scale trial will assist in further reducing risk and provide data to fine tune process design.

Bottom line is following a successful trial the main factors affecting this project will be what contracted nickel selling price and what contracted sulpur buying price can be achieved as part of bankable feasibility document.