time to take a look, page-8

Large portions

BAU is trading below cash backing, not a good sign - if you dig deeper there is supposedly pending legal issues that could severely dint the cash and therefore they are not actually so attractive

ABZ only requires $12M of capex to ramp up to 1.5Mtpa on their first mine. Even at low margins of $20/t this implies $30M of free cash p.a which is more than their current cap alone - potentially less than a 1 yr payback

If they bring Binjour online early, then this is a $1-2 stock

I would be surprised not to see ABZ circa 50c next year