RE:opinion
They have likely proven over 5 million tons at Lion polymetallic discovery. They have short term sightline to 9 MT and they may have already reached that. And Hannam analyst has said out loud "maybe 90 MT". This is not a typical discovery. You are right there are $billions of metal in ground.
And don't forget Lion is most likely part of bigger system with Nisk main which already has 8 MT of proven high grade nickel sulfide. Nisk main is 5.5 km to west of Lion. PNPN is stepping out to east from Lion (toward Nisk main) at 150 meters a clip. The polymetallic deposit is still pretty shallow but sloping downward. It is still open and they will follow it where is goes and they already have inklings of 1.8 km length (width maybe 30-40 meters) with more to come. It is sort of mind boggling. Lion may become a legend. And the current fully funded 30,000 meter fall/wnter drill program is going to tell a lot.