AMX and BAB have much similarities apart from the fact AMX is in...

AMX and BAB have much similarities apart from the fact AMX is in Africa and BAB is in Australia.

JORC Resource: AMX 3.1m oz @ 1.6g/t and BAB 3.2m oz @ 0.96g/t (plus 133,000 and 25,000 oz not included in the figure).

Stage: both AMX and BAB are undergoing PFS

Cash on hand: AMX $61m and BAB $9-10m

Market cap: AMX around $260m and BAB around $90m

Estimated cash costs: BAB around $960/oz and AMX probably lower than BAB's cash cost

So is there a reason why the market cap of these two companies that are very similar to vary so much?