Cmm has a market cap 784mil. Its 120koz mine just opened, with...

Cmm has a market cap 784mil. Its 120koz mine just opened, with approx 1.2mill oz resource.
Cost expected to be about 1350/oz.
Cmm carries debt due to building the mine and hedging in place at $2249 for (from memory) two years of production.

Wmc has a market cap 158mil. Its 120koz mine just about to be opened, with approx 7mill oz resource. Costs expected to be around $1500.
Wmc carries debt due to mine upgrade, with hedging in place at $2400 for 160koz.

Wmc should be valued above $5 once they prove they can produce consistent profits. Eg they shrug off the blk image.

Cmm has the advantage of Mark Clark and the RRL previous team. Mark has a consistent track record of starting multi-billion dollar mines.

Wmc mgmnt have skin in the game, they want this to work. I think they will succeed.