market thinks there will be a counter..., page-4

I've been looking at the numbers based on EV/Ni resources.. its a huge premium for what JBM actually has now in terms of defined resource.. US$3.12/lb attributing a standard 50% discount to resources or US$1.74 with no discount..

To put into perspective this is 2.2x what LionOre was taken out for on the same metrics