Don't Cry For Me Argentina, page-47

That P/E of 6.8 you mention is even lower if you take the enterprise value instead of the total market cap. If we didn't spend any serious cash going forward, and in 18 months had 700mil in the bank, and the sp was still 2.50, we could simply "hand out the cash" with our EV being only a few hundred mil.

Of course this won't happen because we are trying to get another 2 assets up an going, but it serves to illustrate how ridiculous the current share price is.
Anyone would think we are some ultra-high-risk spec stock or something.

Go figure.

Oh well, opportunity is knocking imo.

Cheers