Toledo - Cashflow from the world's 3rd largest Nickel Resource

Siwel - Berong, they do not need to dig a big hole and mine from huge mining pits, as is normally the case. The resource in Berong will be excavated using heavy loading diggers, the resource is so rich they can do this without having to use treatment methods and other purification techniques. They simply dig it up and load it. The resource is then transported to the docks via the road they have recently completed and shipped diretly to Nippon steel for their use.

The other projects will need further mining techniques but they are some time away yet. The important thing is short term, the cash generation from Berong should be substantial and will in itself create enough profit to finance the BFS studys on the other areas for the company wihtout having to seek raising additional funds.