mls vs ext

EXT results were fantastic yesterday, indications of Mile72 seem to be of similar nature, so EXT has 184mil shares on offer and $8mil in bank. MLS has 670mil on offer and 5mil in bank.
My question is how is EXT SP over $1.00 and MLS sitting at only .07 cents.
MLS also has Manindi on its books which is in JORC definition stage.
I find it difficult to define the vast difference in value here IMO MLS has better prospects !!!
Am I missing something, could someone please explain, this could be a good topic for debate.
Look forward to your views.