The 90% discount rate only applies to Who ? certainly not...

The 90% discount rate only applies to Who ?
certainly not Chinese majors operating in DRC and Klaus and Airguide are fully aware that this discount rate is cooked too high in the mind of Aussie Investors.
Hence the revalued T/O price of 70 cents plus which is still a massive discount on 1.2 to 2.0 billion tons.
Huagang Mining not considering the 90% discount rate.
Drill bit will change the mind set of this over cooked discount rate in many investors.

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