Urallordinary -
"Examples of similar companies with large resources an closer to production?"
AMX,GRY for starters. Simular market caps , with 3.1mil/oz and 2.2mil/oz respectively . Currently trading around $70/oz ev/res compared to AZH $140/oz ev/res. AZH has higher average grade , so maybe the double ev/res is justified ??
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- jorc in
jorc in, page-16
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