Very interested to see who is saying that the price would double.
The mine life of Nova is significantly shorter, allowing substantial annualised return for the capex, getting the money will be a lot easier for them.
You're forgetting the sale of copper as well. My numbers for said 'nova resource' come in at around 250% profit for COP against current prices and comparative processes.
Still an interesting comparison. What is the market cap of nova and their code?
bigger than Nova 60.4Mt @ 0.98% V2O5, 11.40% TiO2 and 42.15% Fe, page-2
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