That was from a fake research publication which quickly got pulled. Amazed that people cannot think for themselves and are happily fed any bs. How could you possibly arrive at a valuation of $60 billion for Kolosori? In ground valuation? DCF? Comps? It's completely impossible.
If Kolosori is worth $60 billion then Olympic Dam is worth $60 trillion.
But the moral of the story, which many want to ignore, is that Axiom published a fake research article. I am sure RM is smart enough to know that kind of valuation was completely bogus. So why publish it at all? Just one of so many things...
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