Sorry I misspoke, It will make money in most situations that's different from being a worthwhile investment.
Yes, I've read the numbers and understand them for what they are. Not first percentile overall, for laterite alone it is 1st.
Although they all claim this in studies. Look up the history of laterite HPAL projects in Australia, production cost and capex blowouts occur every single time. Not saying this will occur here just a very telling observation, although i find it difficult to believe capex went up as little as it did since the last study, I'm also concerned by how quickly the PFS was conducted.
Don't want to be seen as down ramping, just voicing concerns which are obviously shared given the market cap. The up side is if is is pulled off you'll all make ridiculous bags.
NC1 Price at posting:
91.5¢ Sentiment: Hold Disclosure: Not Held
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