Hard to say TP. This company is a bit like another company whose...

Hard to say TP. This company is a bit like another company whose interests we share in common namely, Biotron. Both companies are poor communicators. Yet both companies have been effective in keeping the company funded without issuing large numbers of shares.

Word has it that the company expects to be actually mining....well, it will be more like scraping the nickel laterites from the surface by next July or August. That would seem difficult to believe given the long wait we have had to get to this point but I think pretty much all the permits are in place, the, locals are keen to have the emplyment the project will bring (a real plus in the Phillipines. I don't think they have committed yet to any particular processing company. It might be in Australia but it could equally well be in China. It will be a simple scrape, load the barges and ship operation.

All that really remains is to bring the resource definition to JORC standard. Given that the Phillipines is a catholic country, This probably means that not much will be done before xmas.

Given that we are dealing with a really low cost operation, I don't think they will need to raise any more capital so we are looking at some significant upside I think once all this is nailed down.