"But nothing wrong if it was just a cobalt miner!"...I agree and that is one of the reasons I am so persuaded of it. Even if the present valuation were simply as a co-ni-sc developer.
I am of the opinion that speed to production will provide an early bonanza in the cobalt and scandium that will offset the giant capex. Even allowing for Sconi in a dead heat, their production does not get onto the open market because it will all go to SKI's plant in Hungary.
I acknowledge the potential for operational and start-up problems at Sunrise. It is new technology being attempted for the first time in large-scale production. But then AUZ has finance, construction, and some profit risk. They are also on a tight deadline, and I have doubt they will stay on their stated schedule.
They are dealing with laterites also.
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