—Supply scan · 467 operators in market catchmentqueued
—Thesis validation · moat claim vs. operator supplyqueued
—Comparable precedents · similar concepts · same regionqueued
—Pricing benchmarks · your ADR assumptions vs. realized dataqueued
—AEO demand check · ChatGPT / Claude / Perplexity × 50 queriesqueued
—Competitive gap · whitespace open at your format + moatqueued
—Risk weighting · convergence exposure of your planqueued
—Diagnostic narrative · investor-framed · your audiencequeued