Ann: Trading Halt, page-50

Future concentrator & processing throughput along with a different management team, gold price environment, investor make-up, technology changes, organisational structure, balance sheet, drilling etc makes comparing Apex to WMX not that relevant, nor once the comcentrator is up and running the comparison to BLK alone becomes somewhat irrelevant.

Its effectively a new business with a whole different production process!

You can have your opinion and I actually value it at times but there are too many variables to consider to say its a direct comparison.