NAE Lochinvar vs JAL Crown Mountain

Does anyone care to give their opinion on NAE’s Lochinvar project as a comparison to JAL’s Crown Mountain project?

NAE (after placement)
Share Price: $0.007
Shares on Issue: 711,780,410
Market Cap: $4.98M
Cash: $2.13M
EV Value: $2.85M
Top 20: 70.90%

Lochinvar
NPV: US$410M
IRR: 27%
FOB Cost: US$58/t
Resource: 111M tonnes Indicated & Inferred
Reserve: 0M tonnes
Estimated production: Commencment 2021

JAL
Share Price: $0.13
Shares on Issue: 256,624,033
Market Cap: $33.36M
Cash: $2.77M
EV Value: $30.59M
Top 20: 60.4%

Crown Mountain
NPV: US$440 million pre-tax (US$267 million after tax)
IRR: 40% pre-tax (31% after tax)
FOB Cost: US$75/t
Resource: 99M tonnes Measured & Indicated
Reserve: 56M tonnes
Estimated production: Commencment 2020