Although we would all like to see higher nickel prices resume and sustain, the fact that the prices are dipping at a time when we are not running at full production can be seen as a good thing.

Yes we are in desperate need of funding and the higher prices would help leverage our development costs, but if Gary is able to raise the funds required (as he believes he very easily can) then it is much better we see this dip now during part production.

Nickel reserves are extremely high and with the price reduction (and hopefully a stabilizing of the global market) we will see Nickel reserves eaten up to an extent to give 2009 a higher stable nickel price (when we most need it.. to pay off the loans).

Few more months of pain ahead.. but all is good.

Quaz