Or has price discovery mechanism waking a market up to three teirs of company makers ?
Nuurstei NR Ovoot
It was forgotten. Now there is a consciousness .
And all three projects have plenty of work under their belts to layer speculation value . Each get closer to derisk boxes .
Bring me a thousand StevenJDs who still see upside - and didn't know about this yesterday - and they will still want in.
What price they pay for it - will depend on how many pip traders there are - and how many see the coming of hundreds and hundreds of millions in EBIT that previously launched this to 600m mc
Boxes get ticked that make Nuurstei , NR then Ovoot (20x Nuurstei ) get valued, seats on this train to longs who recognise where the FMGs came from .
This low Capex / simple coaking coal operation - mega dollar maker - is more real than complex minerology and concentration plants that nicol -cobalt - copper refineries require at prohibitively high Capex .
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