The processing technology would appear to have some fans judging by the share registry, 46% of holdings owned by heavy hitters within both the mining and investment world.
R Friedland - 12.73% (94,518,888 shares), Pengxin 12.46% (92,518,888 shares), Australian Super 6.3%, FMR LLC ( Fidelity) 7.85% and remaining board/management 7%. In 2018 Friedland, Australian Super, FMR LLC and other board members all added to their positions.
This is a pretty impressive line up of shareholders for a prospective Nickel Laterite project and I am tipping they would have more than 'Hope' in the technology, as always time will tell who is on the correct side of the ledger.
CLQ: A Multibagger in the Making [2019 Bull Run], page-181
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