You keep beating the same old sovereign risk drum and cherry picking events which have had negative outcomes whilst ignoring the many -many success stories which far outnumber those that weren't successful. Like all the highly successful Aussie gold miners in Africa paying dividends.
According to your logic a nickel miner here in Aust with no sovereign risk on its knees begging for a Govt handout is a better bet than Nickel Mines in Indonesia with high sovereign risk with a $3.6 billion market cap. Give us a break -
There is incredible appetite for minerals in Africa now -have you heard of Bill Gates backing high grade copper discoveries - which with Kamoa and other huge deposits grading about 4 % Cu will do the same as nickel to all the wannabee copper dreamers on ASX.
And for your information it looks like the Serbian lithium project is going to proceed. Yep! it will proceed -
Take your blinkers off - it's all about grade and incidentally North Dam is a lithium prospect -hardly likely any carbonatites despite some niobium supergene enrichment which you can find in many places in WA - but Stansmore Range looks to have the right settings for niobium.
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