Great comparison chart IMO SL.!
yes HAC etc etc... we old dogs all know thats a very preliminary rule of thumb type valuation , Yes we all know that we need the details from the ss and BFS , Yes we all know its not a perfect comparison.
But it does simply shows how undervalued CLA is compared to the only other real competent (likely to mine) ASX Co peers. - SL IMO it will give confidence to any new buyers worried to buy now cos SP ran up so much last few weeks.
Most new punters are not geos or mettalurgists or chemical engineers right ? Frankly they are just cautious punters primarily worried the rally might retrace as soon as they buy and catch them by the short an curlies. This chart should give them some comfort.
sometimes the simple things work best .....KISSS right?
IMO great job mate.
Most Undervalued Sulphide Cobalt Compared to ASX Cobalt Peers-Next Cobalt Black Horse, page-7
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