how could a investment of 3b plus be a bad investment if the pay...

how could a investment of 3b plus be a bad investment if the pay back period is less then 4 years?? Not only that the nickel in the ground ain’t going anywhere the pfs is only half of what they have that 3b investment could be paying dividends for sumitomo and JDT for decades on end and not to mention they are experienced with HPAL so it’s not unknown to them on what the next ten years will look like with arl

only argument you have is nickel prices may stay lower?? So what ardea will pivot and extend its pay back period I don’t see it being a problem the longer the payback the more interest occurred on the debt so win win for the financial institution that does it?


with the massive amount of nickel alone this plant is a stepping stone, if MoU goes binding they know they’ll be a business partner for next 40 years with possible first dips on everything