Agreed however MCs of producers are more closely aligned to PE ratios. PLS won't have earnings of 6-7 times CXO. More like 3-4 (for now). So it still leaves a lot of room for CXO's SP to catch up. And, as you've pointed out... we're still exploring... and clearly discovering as per today's ann.
Ann: Business Update and Drill Results, page-90
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.6¢ | $2.676M | 26.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160000 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 953527 | 8 |
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| CXO (ASX) Chart |