current pe? / market depth

Hi Guys (& Galls),

Has anybody calculated a FY06 PE based on:
a) The published company earnings projections
b) More bullish earnings projections including increased throughputs at upgraded plant etc

My suspicion is that the TOX PE is still low for the sector. The range between the conservative published figures, the more bullish projections and the average PE for the sector might give a more reasoned base for setting a target for this little beauty.

Many thanks in advance for those with calculators and nimble fingers.

Market depth / price cap: there are about 13.3 million shares on offer between 14.5 and 16 cents. I guess the sp isn’t going anywhere until these are shifted, either by the sellers dropping to the market price or the buyers moving up a little. Could be a while before we see any movement.

Regards,

Keith