The thing is it's both: AVZ is horribly overvalued and FFX is horribly undervalued. We have a clear path to production and have the simplest 100% offtake deal ever. AVZ have a lot of rocks in the ground but may never actually get them out.
CXO is horribly overvalued and LTR is actually, fairly valued considering their resource and location.
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Peer Valuation -> >$3, page-13
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