hi favagree with Christhe long date on both Os & OAs are giving...

hi fav

agree with Chris

the long date on both Os & OAs are giving plenty of room

I normally go heavy in the one with far bigger ex price

but I have chosen OAs here because I think 10c in ST is quitte achievable

before the vendor shares are issued,

from my previous calculation

at 10c, the EV may get to 20m before drilling which is fair imo.

but to get to 20c, and presumably the vendor shares will be issued before then

PXR needs to have a serious re-rating, ie, needs to come up some pretty nice thick coal seams, ala AFR style

then PXRO will get looked at when sp trades above 10c imo

without breaking 10c major hurdle

& have not seen first round of results

I think 20c is too hard to achieve without some nice hits & JORC to justify

but then again the long date here gives company about a year and half to get Os in the money

so, possible imo

for me, I want to see sp holding above 10c first

especially after vendor shares are issued