Ann: Company Update, page-165

Good reply, macky; well done.

Yes, is hard to be sure what the next few years will be like for commodity markets etc. but nickel should be among the best performers as:
(1) it's hard to find in commercial quantities
(2) some countries have been inclined to restrict exports
(3) it has widespread use, and that won't change
(4) there's upside with the fast emerging battery market
(5) if by chance commodities have a pull back that will deter exploration, which will tighten supply, putting upward pressure on the prices, e.g, as we saw with zinc after the 2014 collapse.

Rox will be well placed because they've got material tonnage already, so discoveries could add enough (well priced, incremental) tonnes, to get Fisher East (+ Collurabbie??) over the line. If they do double the tonnes then it'll certainly be game on. We're in there with a good chance. BTW, this coming campaign won't be the last, I expect, as they'll no doubt review and reset, if necessary, after the initial results. So, I'm pretty excited, but I'll wait for at least a couple of rounds of drilling if necessary.