MCR and PAN, page-5

JJ2

ummmm - given nickel price, it has to be valued on
discovered resources
option over ni price with operating assets
plant &equip
cash

(-liabilities)

going throu a list of asset transactions....its around "50c / lb discoeverd".....

there is potential for corporate activity re PAN (depending what its major shareholder does - ZER...)

however - PAN is very likely to require capital for deeps....

MCR can restart at min cost......I suspect (but don't know) that B01 / Bo2 would be 1st cab off the rank, followed by Durk north.......then further drilling at Cass...

sorry - Im not a chartist ! - Itchi (on POS threads) sometimes shows good chart, and he seems knoweldeable

rgds
V_H