It will be interesting to see how FNC responds over the next couple of months. The Magpie results look very positive in thgat they mimic historic results. It would be a reasonable assumption that our forth coming resources estimate should mimic the 1959 estimates (I'd plunk a few strategic holes to make sure its obver a billion tonnnes for marketing perposes).

The only major question I see is whether or not there are metallurgical issues. The possibility of mechanical concentration to eliminate waste rock and the presence of Ti, Cr and V are all positives. If the metallurgical work confirms that the ore can be processed and there are not any negative issue or processing penalties then things are looking very good.

Similarly the NOT release last night puts a positive spin back on the McFauld property and I'm sure the geeos are going to be revisiting the drill results along the north boundary with NOT. Clearly the potential for Ni has been reopended.

.... Rob