We believe that PolyMet is developing a very attractive tier 1 base metal project with the greatest risk being environmental opposition preventing permitting.
The project economics are enticing.
The company's strong partnership with Glencore reduces execution and financing risk and generally adds to the attraction of this particular project.
We see no urgency for retail investors to get involved at this stage since permitting is ongoing and will probably continue to play out for a while to come.
Some time ago fellow author Ben Kramer-Miller published an "analysis" on PolyMet Mining Corp (PLM). This article contained errors, meritless assumptions and some wild guesses. We believe this company deserves better. In the present...