aoh v rxm

Hello people,

My first post here. Picked up AOH doing one of my nightly scans. Should have picked it up earlier but that's another matter altogether.

Firstly I read the latest presentation and I liked what I saw

Roseby

132Mt @ 0.7%Cu and 0.1g/t Au = 900,000 tonnes of Cu and 465,616oz of gold.

Now not even considering Finland here and I'd like to discuss a comparison with RXM. Those in the know on the subject please join in.

I looked at RXM's market cap of $333m and decided to have a look what they have. I find;

700,000 tonnes of Cu at exact same grade but they have more gold 650,000oz. They say they have a target size of 1.5mt to 2.8mt copper.

We know AOH are targetting a 200mt @ 0.7%Cu = 1.4Mt copper

Everything looks fairly similar except the market caps

$85m AOH v $333m+ RXM

A difference of 4 times.

AOH have Xtrata on their side doing the deep drilling which could bring more immediate upside.

A telling feature that AOH is still due for a re-rating is the market cap/tonnes of copper EV - the smallest of all peers.

I recalled seeing MNC at 27c a few weeks ago and then in one day it went nuts and closed at 40c. From my experience a re-rating can happen at any time and it can catch everyone off guard, well not those that are in already lol but you know what I mean.

I don't see why this cannot have a market cap of $150m TODAY, half of RXM while at the same time they have similar resource proven. That's a share price of 61c.

I like what I see here and congrats to those that bought in the teens, you will do very well here being patient.