I am comfortable accumulating at these levels,given the cash...

I am comfortable accumulating at these levels,given the cash position of the company.The deeper drilling at Fisher East failed to deliver any significant intercepts.At 600m,unless your getting some nice high grade hits it is little wonder the share price retracted.
Establishing an EV,based on the sum of all parts;Fisher East,given grades,if developed,would be stuck in the highest quartile in terms of cost of production.Bonya,too small to be a stand alone operation.Collurabbie on the other hand could potentially be the next big Nickel find in Australia.
Given a free shot at this potential upside,is the basis on which I have made my investment.The presence of PGE's at these concentrations is normally a good indicator of high grade NiS accumulations below.A decent hit @4-5% and game on.2.1c would be a distant memory.Which is why I don't spend too much time looking at charts in this sector.Not selling anytime soon.GLTAH.