@dradam fully agree. Whatever the relative valuation, the SS is...

@dradam fully agree. Whatever the relative valuation, the SS is more of an initial SWOT analysis to inform future priorities to undepin a proper PFS down the track. Clearly there is a focus need to improve metallurgy as 40% recovery of Nickle is clearly unacceptable. they obviously know that but may missed the opportunity to flag that would be a top priority to work on as part of the PFS. Likewise, they are a long from optimising a mining plan. ultimately the bulk it may be underground, avoiding a lot of the environmental issues as well as many other factors as you point out. Some the current discussion is off track re average PGE grade and comparability with SA mines at higher grade, as it totally ignored the polymetalic values here.