SRL is a laterite deposit, the capex is 9 digits, if I recall correctly. I held SRL some years ago and it was the scandium that appealed to me the most at that time, despite the limited market for it.
Yes, I know S32 has a successful nickel laterite mine. New ones seem to have large cost over runs and it's the 2nd or 3rd owner that does best it seems.
my 2 cents, ymmv, dyor
Critical Minerals, page-35
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