Alright, look at it this way. Mt Holland has a fully diluted valuation right now of around $600m. AVZ at 13c gives Manono a fully diluted look through value of $467m.
KDR is about 2 years away from producing anything and Manono is about 2-3 I would say. Chinese won't waste as much time doing PFS and the DFS and the BS we go through in Aus. They will punch some holes around 1/2 and 7 and optimise a pit design and that will be about it. So KDR marginally ahead.
KDR has better logistics, AVZ will have better mining/processing costs.
KDR might expand resource to 250Mt at the upside. Still 5x smaller than ET for AVZ.
KDR is in Aus, AVZ is in DRC (most people who are being transparent will say that is a win for KDR).
However all in all based on the above I can easily ascribe a higher value to AVZ, unless you think KDR is overvalued (which I wouldn't argue very hard against lol).
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