Sprott and friends go uncontested so why not take the calculated risk. Rightly or wrongly, the Canadians currently value the Pilbara ground more than anyone else and you see it every day in the DEG & ARV price vs NVO & PAC price.
Soon corporate takeovers will be the only way forward to get the land scale needed to offset the spotty nature of conglomerates.
Meanwhile Novo competitors stand around with a finger knuckle deep up their noses. Waiting for the bright shinny object called grade. Maybe they'll grow a pair after Novo releases?
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