Decision to mine, page-3

I think the beauty CZI is that:
Nebo-Babel Resource is currently 203.1mill@ 0.42% CU
Succoth Resource is 150mill@ 0.6%CU
Any new find would only build that resource base, which is already 350mill tonnes... and there still upto 36mill to prove up that resource base and get a DFS going....For size comparison... the massive Oyu Tolgoi mine in Mongolia only has 2.4billion tonnes @ 0.7 CU... we were already a sixth of the way before the OZL JV.

Okay maybe I might be dreaming that CZI that find the additional 5/6ths of that resource base to allow for that type of comparison....

I guess the more simple comparison the share price/market capital of XAM (107mill) vs CZI(17mill) is also something to take note of, given, that they only have a state JORC of 203mill @ 0.34% CU....just based on comparisons CZI is highly undervalued.

Based on the above... I'd say buy some CZI... and lock it in for the next 3.5 years, and see what the develops out the JV.