Good day all, I'm a new holder of AKE and was hoping to get some thoughts on AKE's valuation. I held PMT for a long time but now it is approaching a 1.7-2b valuation on fully diluted basis. I've been trawling through AKE's James Bay update pages and it's striking to me how much AKE/Galaxy has had to go through in Canada to get to this point. And you're still not permitted fully yet. So if AKE on an EV basis is $6b valuation, with cash coming in fast, surely there's a big under-valuation compared to a Canadian neighbour like PMT that has yet to start the permitting and cost hurdles. When you add all the pipeline of other projects - producing and in development/construction - is AKE not a far better value proposition than PMT in Canada, or other explorers such as AZS near 1.7b? Much appreciated any discussion on this to validate my nube level research (I've only been in stock investing for about a year).
AKE Price at posting:
$11.23 Sentiment: Buy Disclosure: Held
