interesting little mining company, page-6

Palermo is the "non executive chairman" and secretary I believe, I dont know the status of the court case which he apparantly is not involved in (sorry for the sarcasm).

@US $ 40 a tonne FOB for the saprolite @ 1.6% Ni there should be about $20.00 to $25.00 a tonne gross margin after costs.
@ 1 MTPA production thats quite a bunch of money.

Probably need a share placement though to get $800,000 to buy the deposit nd 1-2 M for CAPEX

So is Hill as the MD going to pull it off?