Not only that ProC the value of nickel is has doubled from $20k...

Not only that ProC the value of nickel is has doubled from $20k tonne, for every $10k tonne increase in nickel price it’s $10,000 x 168,000 tonne = $1.68 billion added to in ground value, last I read spot rate for nickel over $40k tonne.
It may come back of the highs but was under pressure before the war so unlikely to see $20k tonne again.
Higher value nickel means more of the low % nickel ore becomes viable to mine, by changing the cut off rates we increase the resource, this has a long way to go.
Many who received spin off shares will be banking some early profit but give this a year or two we may see multi dollar price especially if nickel prices hold up, in which case it looks very undervalued indeed, Loop.