Let's stay on topic here, what are the peers to compare to?
If we go by sed hosted, there's next to nothing good on the ASX.
If we go by a combination of MC + resource size carnaby is the best comparison and while I am a holder there and like it, AW1 has more upside potential.
If we go by potential capex and assume that the company is understating capex required to launch DSO by 100% then it still works out to about 50m capex, 20m capex lower than the next lowest potential copper producer (whim creek @ around 71m). Whim creek has nowhere near the upside this has.
So I pose the question, which peers are being referred to? If someone can think of a better one, please share it as I would like to take a look. I'm always after more copper exposure.
(20min delay)