Agreed, these two can't be compared. NOT is ultra high grade, Royal is not even close. If noront were to count all the low grade stuff it wouldn't be comparable. There is a lot of nickel in ontario that isn't worth digging up because for every dump truck of dirt you get a speck of nickel. Large low grade "deposits" are not the same as high grade bodies. It is not as simple as just assessing an NPV to a large area of land. Payback etc is everything. Noront has been so conservative in their FS that it isn't even funny. They are doing this because many cook the books in order to make deposits look economical. Where others look at best case scenarios to prove viability, noront is showing even at worst case scenario we are more than economical. You cannot compare royal and noront, there is a reason why Noront is in the news everyday and royal isn't.......

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