AUZ and CLQ are the companies we should compare against. Both are saprolite Ni Co Sc deposits like ours and are not too different from us in terms of composition, although so far we are only around ( I guess) a third in size based on our drilling to date, but likely to increase with further saprolite drilling immediately to the north, south and west of the area drilled so far. Even so, on a simple comparison basis to date, we are way undervalued. So a comparison is valid. Neither AUZ or CLQ to my knowledge have any sulphide below the mineralization ( not dented their market capitalization at all) whereas we still have the possibility of sulphides below the saprolite. All in all whichever way it goes, right now we are undervalued even if no sulphide is present at economic levels. Plus, G** think we may have direct shipping ore, whereas the other parties have to install expensive on-site treatment plants.
G88 Price at posting:
77.5¢ Sentiment: Hold Disclosure: Held
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