OK....Roads aside...Because the province can pay for them...It takes time to build a battery plant, build a mine, build a Rail-Veyor system, build a relationship with First Nations...Say two-three years...That puts us at about 2024 -2025. Perfect...Cost of battery plant 1- 2 billion...Not BHP or Wyloo's problem. So, the cost of a mine 3/4 - 1 billion. Cost of Rail-Veyor system ...Say 200 - 300 million. Now...Let's add power to that and electric vehicles and infrastructure..Maybe Another 200-300 million...That is roughly 1.5 billion in expenses above paying for Noront...The gain...Billions more in decades upon decades of future commodities that would no doubt secure either company's profits for the next 100 years....And you want to pay us pennies....Please.
The market in North America is just getting started...Shareholders are not stupid. Just because things are in their infancy doesn't mean we can't see where they're headed...and what they will be worth.
No Respect....No deal.
TM.
https://www.reuters.com/business/autos-transportation/samsung-sdi-stellantis-set-up-ev-battery-joint-venture-us-2021-10-22/