well done beards, page-53

re: revised dividends. Yes I agree with you to a degree. Id like to see them with 10 drill rigs out there ASAP. We probably will. Cost? Probably 5-10 Million per year. Chickenfeed.

AGM cannot possibly do anything other than pay a dividend unless they embark on a takeover spending spree. They dont need to do that to become a big player in the Nickel market, so investment in their own province is more likely.

But the costs of doing so will be a relatively small part of their profit.

A Major expansion of the processing facility will cost a bit, but that wont be for at least 3 years Id think, when they at least partially prooved up 40 years of resource for their present facility, and have a number of firm indicators of much more resource.

Some shareholders have been waiting 10 years for a dividend. Ive been waiting 7, although dividends are not the only reward we can expect.