The outlier for me here is shale vs magnetite hosted deposits.
I believe the shale hosted ones are more suitable for battery production vs the magnetite ones being more suitable for steel production, however I'd like to see this confirmed in the company engagements and announcements with future offtake partners.
If this is true, then I suspect the grade differences being discussed here are insignificant in valuation comparisons.
The outlier for me here is shale vs magnetite hosted deposits.I...
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