Very few charts look sexier than this baby, page-16

Oh yes you can.
Lets compare FMG & POS.

FMG started construction of its mines & rail with $9B in yankee bond debt, $5M cash at bank, and a Mcap of $20M, the SP went ballistic doing a 200 bagger initially before the current SOI consol which INCREASED SOI from 30OM to 3.3B. It also had no mines or production at start & still has no processing plants.

POS is DEBT FREE, has 2 processing plants with 3.7MTpa capacity & $15M cash at bank & no yankee CN debt overhang. POS has NO yankee debt hanging over it like FMG did which twice almost got it into default but now its a FCF machine with no net debt & $5B cash at bank.

POS pre production is in a massively way better financial position than FMG was at 10c, FMG went on to run to $13 & made AF his $20B fortune he has today.

now AF gets 1,800Mpa in f/f divys from FMG & has the financial capacity to turn POS as major holder into a Ni production powerhouse way larger than WSA MCR PAN combined & finally take on BHP at its own production monopoly in Nickel.
figure out that valuation for such production potential.