If MAT do indeed find more Nickel than SIR, then it becomes on the majors radars as a take over target, all depends on grade, widths, depth etc of course. Mr Poli sounded very upbeat about the possibility of there being significant Nickel potential at both Killaloe and Fraser Range. Saying its almost unheard of for a small cap to have 2 highly significant projects on the go. Highlighting the fact of 100m of 0.02 NICKEL AND THE +1% HITS SO FAR. their resources being stretched atm with not enough management. Shortly exploration will start also on their tenement near SGQ, saying that they have some very good potential targets in the area.
MAT Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
