If IR1 start with say 10mt, thats a heft price tag MC / MRE. Like breaking records for real estate.
I'd rather be in the WR1 house thats 1/3 the value of the others in the street, which can then be up sold when the MRE / PEA come out illustrating what we speculate already..
Where is the risk on IR1, that the MC has to come back down to the street average. Time will tell. What is the current price per EV / t ?
There are a lot of drills which IR1 will need to do, to catch up to the MRE that WR1 already has pending.
Both may be on fertile ground. But when both are already on similar EVs, one has some drills in hand catch up to do. And when it is exploration, there is risk on the drill to achieve that.
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5 | 6007 | 0.640 |
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2 | 60500 | 0.630 |
2 | 15800 | 0.625 |
Price($) | Vol. | No. |
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0.660 | 4687 | 1 |
0.680 | 20000 | 1 |
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