@dtab
That is true.
Which is why i said the Adina + Renard combo is what makes this a unicorn value proposition.
Adina on its own without infrastructure is worth barely anything as we have seen from the recent memories of 52c low.
I was the one to point this out.
With Renard deal now its a totally different level.
Renard is or isnt worth $1bil on its own really depends on its usage value. Its previous life as diamond mine and plant said its worth to be put into administration.
Now Renard given a new lease on life as a spodumene process plant will be worth back to its replacement cost imo.
Who can build something akin to Renard now for $500m or $1bil?
How about time and supply chain cost to build.
Pmt holders have zero ideas what Adina + Renard combo means.
Absolutely clueless bunch thinking just having a deposit will amount to anything - nothing but pretenders lol
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