Dear shareholder,

Thank you for your inquiry. The following response was provided by management.

As per press release dated March 20, 2008 annual production is scheduled to be 27.5 million lbs of nickel, 43.6 million lbs of copper and 2.9 million lbs of cobalt annually until 2030. Capital costs of full construction, pipeline, mill, storage facilities etc were estimated at the time of the scoping study at $1.35 billion.

Regards,

AGORACOM Investor Relations