Good report. It would be nice to add to your sensetivity analysis : At $7 nickel then ..... At $6 nickel then ..... At $5 nickel then ..... At $4 nickel then ..... That way everyone can see the potential downside as well as the potential upside because no one knows what the future commodity price will be. I have a lot of gold n silver miners developing new mines. They base cash flow and IRR calculations on $1600 or even $1500 gold to see if the project is viable. Not $1800 or $2000. They need to be realistic in thier calculations because hope is not a good investment decision strategy