Theyve been drilling for 10 years & have the 3rd largest JORC Ni resources in aust at 420kt worth in situ $16B.
they can drill till the cows come home but again like LOM NP, its IRRELEVANT just a PR exercise & unnecessary.
they dont need it for offtake, financing nor for BFSs, already got those years ago effectively & NP ensured its a GO.
another $1B in JORC to $17B from $16B is IRRELEVANT.
its TIME WASTING CASH BURNING nonsense delaying the inevitable restart & production operations as if they are some junior startup hence the lowball MC.
They are a mass prior producer at all 3 sites,
GET ON WITH IT
START HER UP.
POS - PBT Deal Still Alive, page-49
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