Ann: Results Confirm High-Grade Gold-Copper at Depth at Minyari, page-83

I've been thinking exactly the same thing with the comparison to Genesis Minerals. They've only just reached a resource of 2Moz gold, yet their MC is $467 million.

Maybe there's a premium on GMD'S MC because of the superstar pedigree of their management with Raleigh Finlayson and Nev Power. But one only has to look at the firepower of all our JV partners and major shareholders, which trumps probably every junior miner & explorer out there

GMD are actually further behind us in terms of project development, just a few days ago Raleigh said that they would be focusing on growing their resource for the next 2 years:

While Genesis looks like logical acquisition fodder for one of those companies, Finlayson says the company will spend another year or two growing the size of its gold resources and hasn’t given up on the notion that Genesis could build its own mill if its assets prove big enough to warrant it

There's too many positives about AZY to ignore, and it's the classic case of patience will pay off