Ann: Mincor presentation - RIU Explorers Conference, page-7

Just updating. Peter Muccilli ..CEO .. was kind enough to email confirming recent announcement:

quote from Peter’s email:

"As we said in last week's ASX presentation (RIU Explorers Conference), we will allow a controlled and partial flood of Miitel. This will provide the optimal balance between care and maintenance costs and re-start costs. We will also allow the underground workings at Mariners to flood (we wrote off the N11 ore reserve last year) but will keep all the surface infrastructure on full care and maintenance.
As previously indicated, we will be releasing the results of the feasibility studies on Miitel (including the Burnett orebody) and our Durkin North project, very shortly.
Once the nickel price starts to track up again everything will become possible. Right now the best we can do is to act prudently to safeguard our mining assets and our cash".

Its nice to see that Peter continues the healthy communication connection between the company and retail shareholders.

The feasibilitiy results will be interesting because they should have a AUD ni price estimate regarding production (as per last announcement)

Nice move on the SP this week.

Cheers
Mulac1