Niel Froneman is SA's best allocator of capital. He has found Orion business case inferior to the other 6 investments he has made outside SA this year.
1)Lithium mine in Sweden
2)Nickel and battery material plant in France
3)Ioneer (Aus) lithium mine in US
4)Copper mine in Brasil
5)Nickel mine in Brasil
6)Mine dump recovery company in Aus.
This gives an indication of Orion's comparitve business case. I have sold 70% of my Orion holding at a hefty loss and kept 30% in case Errol succeeds in getting finance.
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