AFR has a much lower grade at 3600kCal/kg (Raw) and their Jorc is also mostly inferred and is much smaller, both are open pit so the comparisons are valid IMHO
NMR is 4200Kcal/Kg unwashed
The only real difference is that AFR are further along the development path with the completion of a Concept Study and are examining infrastructure options.
So NMR's resource is twice the size and 15% better grade
Compelling investment ... IMHO
No disrepect intended Valinvestor..
AFR has a much lower grade at 3600kCal/kg (Raw) and their Jorc...
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