Any mining project anywhere, and it doesnt matter how big your horn blower is.
Its whether you are allowed to blow it that counts.
ie, Without approvals, its worth jack.
And in WR1 case, it doesnt get better than Adina wants to be a simple quarry operation, with no lakes.
And Renard already cleared the hurdles, and requires a small adjustment to DMS Spod.
The risked path to the finish line, the runway in a clear path to victory.
Everything is about the risk.
Anyone game to invest in the DRC ? you get the point.
You only invest where there is a path to victory. And then there are all the obstacles that will prevent you from getting the job done.
Risk matrix.
Economics + Jurisdiction + Approvals => ? All need to be ticked.
WR1 Winner winner chicken dinner imo.
The others ? how many hurdles can i throw at them ?
Canada Lakes ?
Africa (spear in the government back) + Brazil (nationalist risk to accompany China) + Australia (New environmental net zero BS plus all the green, black, rainbow serpent tape) Jurisdictional uncertainty
Do you want to go mining ? or just pretend ? Some boats will never leave harbor, because they know they are unable to cross the ocean. But they will keep taking passengers money for the illusion of it.
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