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
Lagos,that's a ridiculously shallow way of comparing the...
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