Lagos, that's a ridiculously shallow way of comparing the two.
Monkeys don't run these companies. The metrics are a post valuation calculation, so without done context they mean nothing.
Some important points that balance the mel and wcl valuation out are: 1. Location (very important) - in terms of market 2. Size 3. Share register 4. 2p upside 5. Production rates (very important) 6. Government 7. Infrastructure 8. Location - in terms of familiarity with csg.
I you'd could flesh out some of those points you might form a better view off the risk reward that each has.
While I invest and trade in both stocks; at the moment I feel that wcl at 50 cents presents a better risk reward than mel At 41.
SF
WCL Price at posting:
43.7¢ Sentiment: Buy Disclosure: Held