Ann: PFS confirms Wingellina as a Tier 1 Nickel-Cobalt Project, page-26

The $$$ signs look good though if you add contingency it's not really similar NC1 is closer to $3B and by the time QPM DFS comes it'll be sub $2B

But it's still an apples to oranges comparison because the whole narrative is ESG. HPAL and tailings dams dont fit the narrative, right now car makers will take whatever nickel they can get their hands on.

But when there becomes a green nickel alternative hpal nickel will become a second class product.

QPM is proof of concept, if QPM proves DNi scales commercially then there will be hundreds of DNi plants creating green nickel from laterite ore and it'll be all funded on profits from the first plant and JV deals from mega corps who want in on the clean and green Nickel.

Why would any company in the future choose to use Hpal if they could build a DNi refinery?

DNi is a cheaper, greener, alternative with no solid or liquid waste. You think Indo nickel companies would rather dump their tailings in the ocean because there using Hpal or choose DNi?