In my opinion, Norway’s Bidjovagge is insignificantly small compared to Hennes Bay. The company had stated (and so did I) that the explored area of Dingelvik is 5% of the entire ore layer area. I’m not saying that the concentration/thickness would be sufficient throughout the entire area. But I wouldn’t be surprised if the amount of ore multiplied many times over.
That’s a good point about the share price drop after the discovery. It’s possible that the share price will fall in the short term. But is 30-40 ME a sufficient value for the company? It still sounds cheap with this potential.
I also believe that a mine will indeed be built there. And not necessarily just one mine. It’s possible that this layer will be mined from several underground mines.