meh, the FR are just journos and rehashing what's in the public domain. They have no special insight. The fact that it is in the public domain means it's no surprise to the market and hence largely factored into the share price. Smart investors also know SMM will never hand over the money and appeal.
Same with RCR, they got paid to write the report and put no effort into actually trying to analyse the asset and AVQ. The report may have been written by RM, it reads like any announcement AVQ has put out. Very sloppy report.
Other nickel laterite companies with assets on par or better than Isabel cannot raise funds to produce. AVQ will be no different. Those companies are also valued at around $20m to $30m. AVQ will not be valued at $400m with a project less advanced. People here are dreaming and misleading investors.
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