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A quick point on crunching the numbers of AUT and EKA ....
It might be worth considering the relative value of these two based on their comparitive market caps .... AUT is currently trading at around 6X the value of EKA.
6X looks ok at the moment, but considering EKA's newly aquired lease is basically not factored into their SP imo, any half reasonable results from that in the future could be prove to be a nice trump card.
Either way, based on proven and probable reserves alone, both of them look pretty solid medium term.
It might be worth considering the relative value of these two based on their comparitive market caps .... AUT is currently trading at around 6X the value of EKA.
6X looks ok at the moment, but considering EKA's newly aquired lease is basically not factored into their SP imo, any half reasonable results from that in the future could be prove to be a nice trump card.
Either way, based on proven and probable reserves alone, both of them look pretty solid medium term.