I wouldn't call Ravensthorpe a "small prize". Could you raise $1/2bil? FQM still have quite a big job ahead.
I would rather all of Norilsk's mines over Ravensthorpe anyday. IMO that is the "Prize".
Their main focus is on getting Cawse and Black Swan not Ravensthorpe. Could you also honestly see BHP selling to Twiggy? If POS made a profit out of Rav image how that would make BHP look in their eyes.
For Ravensthorpe the fat lady has sung but she hasn't for Cawse yet. Still not over IMO.
Look at how wrong the media got it with Minara getting Ravensthorpe.
coma, page-13
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