Royal Nickel Corp. RNKLF

Rnx

[arh0070]

Good article on Kitco about long term prospects for nickel and its demand that will increase with the use of batteries for electric cars ..Also indicated it takes 7-10 years to bring a major project on stream .I note that two of the board directors are ex inco personnel ,so perhaps they might be able to make a connection .Inco is probably one of a handful of companies that could take on a project of this size .I remember many years ago driving into Sudbury from Thunder Bay and the Sault and seeing the moonscape produced by the nickel mines and smelting  there ,havent been there for years so dont know if its better now,hopefully it is .I imagine environmental approvals for such a big project like Dumont  would be difficult and time consuming .Hence the reference in the article to the time it takes to bring a nickel mine on stream .probably the best outcome for RNX in view of its need for cash is to find someone to buy out its Dumont stake for cash ,that it needs to move the beta hunt mine to another level.Rolling over Dumont into another separate entity would not provide RNX with the cash it needs .