I do not have a study to back this up but I remember reading "The Big Score" and at the end, what got Inco to pay so much for Voisy Bay was that if they did not buy it, the cost per pound of nickel produced by Falconbridge would be much lower than their's and so strategically, they had no choice but to pay so much for it. When I look at the thickness we have versus Bushveld, we may be able to produce chromium at a very competitive price leaving ourselves a good profit margin. Would Bushveld be willing to cut their margins to prevent us from producing??? Are their margins so high they can afford to lower them significantly??

just some more thoughts to ponder.

Glorieux