Hi frantic,
Here is another comparison, though I tend to agree with Kingsgate, that at a market cap of $588m, Andean Resources is somewhat overpriced.
It is as we know an explorer with a JORC compliant resource spread across 2 deposits - 1 likely to be open cut and the other an u/g operation - containing 1.5moz
As you say, KAL should never have had a market cap of $8m and at todays m/c of $20m it is only just beginning to play catch up.
Go KAL!
fundamental analysis, page-14
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