The information that I have is that they are drilling just south of E1, trying to extend E1 at depth and southerly. I do not believe they are drilling at AT1 but cannot be 100% on this one. There is a drill however in this vicinity. The last time I spoke to my source the 3 drill locations were:

E2/BB1

BB2

AT12

The location of BB2 and AT1 is only about 500 meters apart maybe 1 km at the most. E1 was 2 km north. So this drill could easily be at AT1 or E1...After seeing the market reaction to the Chromium, I am sure we are repositionning ourselves for Nickel. So with the Drills at AT12 and E2/BB1 already in Nickel territory, only the drill on BB2 was not looking for nickel so this makes a lot of sense to me. I think we are going to be going all out to find the most nickel in the shortest timeline. We already know the Chromium is both huge tonnage and grade so we will not gain anything by further dileniation at this point.

With respect to you khareema, I believe Roos is right or very close to being right.

Cheers,

Glorieux