writing on the wall, page-25

Chinkiat,

Sounds like a nice earn for a couple of weeks work.

AGM looks a little oversold now, dropping 20% or more over concerns of a nickel turndown. I think Nickel was only down about 6-7%. As I have said before, all intelligent investors were doing their sums on a Ni price of $30k a ton, so only the ignorant and day traders have been selling.

With a probable listing on the Totonto Exchange, a definite re-rating should only be around the corner.

All looks good at the moment.