Cheese and chalk, for mine. From the quick squiz I had at the other two companies you referred to they both provided MRE updates, not maiden MREs.
So the shareholders of those companies already had a fair idea about what they had on their hands. In contrast we are all waiting on Winsome to release its maiden MRE. The reality is that we don't know what Adina is, not with any certainty. Maybe its maiden MRE will be 35mt at around 1.0% which means that we have something akin to the Rose project. Perhaps its 50mt so something like Whabouchi which will need its own downstream processing facilities. Or maybe we join the three digit club with the likes of Pilbara. The way the hobbit and Chris Evans were talking (spruiking) about Adina recently maybe its in that sort of league. But we wont know that until they release their maiden MRE.
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