Yes - its a 50/50 for me at best. It's why I have most of my Co-Ni exposure in another with a Jorc because the 'bird in hand is worth etc'.
I like the EUC punt because of the historical high grades, the availability of infrastructure and mining know-how and the strong support from the local administration. But whether or not there is enough resource...based on prior knowledge, its red or black at the casino...take your pick.
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