RE:The Decision for Investors.. My Thoughts, Mark may beleve in what he beleves in, but if the majors aren't buying what he is selling, then what does he have?
This looks errily similar to Dumont in so many ways. Dumont is the largest deposit of its kind not own by a major. Dumont (and Craford) have everything in their favour regarding access to markets and infrasctructure, yet a Nickle Company changed its name, abandoned the project to focus on gold because the floor fell out of the nickle market.
Now the Nickle market has recovered, there's panic over Jinshan trying to corner the market with a massive short position, and is facing $8billion losses, and Putin's War in Ukraine has blocked Norilsk.
Dumont is a fully permitted and shovel ready project. Someone could start develping it tomorrow.
In order for Mark's Thesis' to be validated, someone needs to put up, grab Dumont, and start developing it so show that these low grade high tonnage deposits are viable. If not, that leaves a lot of questions to be answered