I think you'll find P/E ratio isn't really applicable to revenue...

I think you'll find P/E ratio isn't really applicable to revenue in mining companies but more the earnings side (ebitda) if generous or the correct metrics Eps which last year was around 3-4. If you apply a multiple of 5 to eps of 3-4 you get a fair value of around 15-20c. Given liontown and hillgrove probably won't contribute to the bottom line this year and earnings will be steady with perhaps a slight increase in costs getting both liontown and hillgrove ready I'd expect that to remain the same and the company sitting around fair value until we can understand how much hillgrove will give us.

imo dyor gltah