am i missing something, page-10

Ronraine I agree that it's hard to get someone to come up with $900m and want them to share it.However I think that a fair bit depends on the efficiency of the final process. If that is good to excellent esp in terms of acid recovery then Jervois may have more bargaining power.
If a bid came at 10c I know that many would jump at it but measured against the poss$40 bn in ground, some may then be convinced that the co is worth a whole lot more.
If we compare Young to a Gold deposit then .7%Ni=7kg/ton. 7kg@$30/kg=$210=roughly1/5 oz GoldX167million tonnes=around 33.4million ounces of Gold(+another 20% for Cobalt+Fe+Scandium at young)
so, call it 40 million ounce gold equivalent @6 g/t.

So,if, instead of a nickel deposit that we would be sort of happy to get out of (some of us anyway) for small change ( that would still represent a 4 or 5 bagger,though perhaps over many years), we owned a gold mine with 40 million ounces would we be so eager to bail, so thankful that the massa had done given us some mighty fine lil trinkets fo' our stuff.
I don't really know about the commercial realities of mining negotiations
however, if we do have a good, efficient extraction process ensuring low costs then what difference is that to an absolutely monstrous gold mine that awaits development.Would we feel any different if it were a gold mine(literally) and if so , why?