Compare apples to apples.
FMJ's SP is based more on hype and speculation where as ELM has more substance.
Compare SP if market caps are similar.
FMJ will have to raise plenty of cash to be in ELM's position,
all be it they could raise cash at a higher price.
Time will tell but would rather invest in ELM than FMJ purely because ELM is much more advanced and closer to production.
Looking for a Potash play ATM and have narrowed it down to ELM,STB and ORE.
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