It does not make sense to me that KAS is double CSD's price given our NPV and IRR are consistently much higher and we will be into production a lot sooner having most things already in place.
And then IBG triple? Hello, they need to spend a fortune to build a town and port in one of the most inhospitable places in the world!
Somehow, I think CSD is just a "touch" undervalued. Anyway, the money will eventually talk and once settlement is completed, the figures can be correctly marketed.
CSD - 279,970,521 @0.030 = $8.4 million
KAS - 556,005,435 @0.030 = $16.7 million
SRZ - 300,227,775 @0.020 = $6.0 million
VMS - 316,052,187 @0.022 = $7.0 million
IBG - 443,203,734 @0.054 = $23.9 million
RVR - 217,374,414 @0.115 = $25.0 million
