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It is inferred that the Earth's atmosphere slowed the object down to the point that it fell to the surface at terminal velocity, thereby remaining intact and causing little excavation. The meteorite is unusual in that it is flat on both major surfaces, possibly causing it to have skipped across the top of the atmosphere in the way a flat stone skips on water.
Well, it may not have been a deliberate hoax, but I'd bet a buck it isn't a meteorite.
Ni[ckel] is always present, the concentration lies between 5 and about 25%. It can be used to distinguish meteoritic irons from technical products, which contain usually lower amounts of Ni.