Milsy - thanks for the break down.

Just wondering if there is a reasonable guesstimate that one can make of the total value of E1 if they were to mine the Ni at a cut off of 1% instead of the 2% plus they used. I'm assuming this would increase the tonnage to 6 - 8 million but would also decrease the NSR/tonee as well.

Is it fair to assume that if they lowered the cut off that the E1 would be worth more or because of such high shipping costs per tonne it would more or less nullify any benefit of extracting the extra 4 - 6 million tonnes at the lower grade?

Thanks in advance,

Toohot

t - 2 days before the big announcement....can't wait. I'm like a little kid in a candy store.