AZY 10.0% 1.1¢ antipa minerals limited

These research report always seem to give high valuations, but...

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    These research report always seem to give high valuations, but the numbers seem incredibly at odds don't they? Are there other considerations that contribute to the dollars/ounce price paid being so much higher than AZY's share price reflects of its resource numbers? i.e. Are we coming resource to reserves numbers? (completely different animal of course) ... ease of mining, grades? etc. etc? Seems pretty incogruous otherwise ... Just wondering ...
 
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