Institutional Scale, Investment Grade, Silver Backed Money Making Machine, page-47

Interesting comparable that TMZ included in its Investor Presentation today of AUD value per Ag Eq Ounce. They used the average value the market is currently placing on Zacatecas Silver and AbraSilver as comparables to TMZ of AU$1.70 per Ag Eq ounce. https://hotcopper.com.au/threads/ann-new-corporate-presentation-and-usa-initiatives.6276731/?source=email Page 11.

Shows that the market is undervaluing all of the silver resources developer stocks in Australia, bar one. Lots of room for most of them to move up on this measure, even with room to adjust for different features, timeframes etc. for each company.

Note that my Ag Eq for TMZ is more generous as I included estimates for newly acquired projects.