Tim Goyder must be thinking $3 is a good deal today, especially...

Tim Goyder must be thinking $3 is a good deal today, especially given the pineapple delivered by CHN's scoping study last week... As others have pointed out, the potential for Andover resource size, quality strategic location to far exceed that of LTR. This got me thinking, given this is today's benchmark valuation 6.6B for LTR which is really the resource + ~1B in sunk costs, and given AZS's 'exploration target mid point case' I can't imagine AZS would risk putting a maiden into the market that didn't as a minimum hit 170Mt @ 1.25% or significantly exceed it. Folks you can apply whatever value from time & permitting de-risking you like (another 1B?), but my thumb suck logic says the market should re-rate AZS from a maiden resource that is equal to LTR no less than 3x the current MC. What are people's thoughts on AZS re-rate assuming maiden resource mid-points are achieved? Noted the grade is less 1.25%, IMO the size should be no less than 200Mt if we are comparing apples.