CAI 9.52% 11.5¢ calidus resources limited

I assume peers refers to CMM, EAR have a $100m plant already so...

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    I assume peers refers to CMM, EAR have a $100m plant already so that justifies their MC but why do we see a disconnect here? They have 45mt for just over 1g/t. Calidus sits on 21mt@ 1.8. Not sure what I'm missing here but I'd much rather move less dirt with a higher value than more dirt with lower value.
 
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