Price target, page-8

welcome chooky !

as you would know, the short term value driver is upgrade to gold resources (and hopefully reserves), followed by deal with st ives for toll processing .........followed by real actual mining !!!

in my opinion, they will use the cashflows to fund the restart of Ni mines (ie no divvy for 18 months +). im assuming 15-20K Oz prod...... this is the key risk I see for the stock (ie if they can get throu this downturn without raising additional equity - that would be truly impressive !!).

as Gazz has said - Pines nickel output could assist in reducing the stockpiles ........

watching and waiting patiently !!

rgds
V_H