@Nietoperz88
to get sustainable re-rates I've generally found it needs to be JORC resource backed
that - or the drill results have to be stonkingly exciting
TMZ was moving on Tin early but its really the addition of the silver project JORC resources + their grade that have lit the fire under the sp
that plus a bunch of traderbroz have pockets full of TMZOs that incentivise them to push clients to bid the sp higher
But TMZ is somewhat like RDM - its got a fairly large project portfolio and I could see how some might argue it is still undervalued despite what that Ev/Ag oz calc would suggest
It's lachlan fold gold project is really quite exciting for eg.
But - as I was saying earlier - multi project stocks generally wont hold value of the full portfolio - just the flagship project
RDM has a far richer discount to implied market valuation on its one flagship project - most of the market simply doesnt know its there - for all the reasons I already said in that earlier post
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