hangin tough, page-45

We have gone over this before but it will probally give long term investors peace of mind.
ATI current market cap 38000 000, ORD market cap 25000 000.
Both have similar fundementals,
Both targeting 1.5 billion tonnes bauxite in south east asia.
Both have joint ventures with large state owned enterprises, ATI has MOU with vietnam SOE,Awaiting confirmation of JV.
Both at similar stages of development.
ATI valued 35% higher then ORD. ATI valuation is probally fair, therefor you could argue ord is undervalued at current levels.
This is also ignoring the potential of copperflats.
Happy to hold for the year.