Agree with all you say and refreshing when a straight down the line holder posts honestly. Yes Makutuu doesn’t stack up right now but there is much more for 2.5c or sub $100m MC on offer here.
A lot hangs on the REO price for sure but if the West want to get off the China supply chain they need it.
Biggest risk here IMO is China take the lot for free. Maybe im
still scared from Sundance.
Mining Licence Active, page-74
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