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Investigative due diligence
Because there is more than you can see.
Twelve years of work, and the project valued out at $740 million, on prices from the top of the last spike that nobody has updated since.The Pentagon invested: $200,000, for a report the company wrote itself.Then the state’s development authority approved $180 million, which nobody can draw until there is a feasibility study. There is no feasibility study.The separation technology is proprietary, licensed for a single ore body, and competitors bought the same technology.Five resource estimates in twelve years, and not one tonne has ever been called a reserve.
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