mey vs bmn

Guys

A lot of people are mentioning that MEY is very undervalued at the moment.

I've just done a very quick comparison with BMN's Etango project. Etango seems to have more lb of U at a higher average grade, and a higher applied cut-off. Not even loooking at their interests in Botswana. According to Google Finance, the BMN mkt cap is only around $20m higher than MEY.

BMN has been in all sorts of strife regarding project economics.

Can someone explain to me why MEY is so undervalued, and why, with a lower grade and lower cut-off, MEY won't face similar problems as BMN?

I'm not downramping MEY, just looking for explanations as to why everyone here is so positive about the stock, but BMN's Etango looks to be a project with (at least some) better attributes, but the stock has been smashed.

Disc: Holding MEY and NOT holding BMN.