Nymph , I wonder whether you could do the forum a favour .
As many seem to be arguing the point about PE , I would appreciate if one of the more respected posters like yourself could please tell the forum what the PE actually is . I am not that interested in what it could or should be . It seems every Tom , Dick and Harriet has a different idea .
To me , it is somewhat irrelevant when dealing with a stock that is still , to a large degree , a speccy . I realise that as a producer it can be advantageous to know the PE .
Realistically , the true value will only be realised when there are reserves stated and then the second well result is known , in a few months !
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