pmh is cheap compare with its peers, page-5

Danube
I think you are right on the option preferences but think there is some way to go before they finalise their resource estimation. They are still drilling all over the place and the recent results, if the maths are applied, suggest at least a 60% increase on the 810mt already estimated. This means a potential sale price realistically, walk in walk out, of around $1.50 to $2.00, or more if they hit some sweet spots. If this is so, I only hope some of it comes back to the shareholders - we will see, and maybe it won't be too long to wait given the speed of progress to date. I am holding anyway - probably won't buy more, got plenty now and it is very tightly held, which also tells you something I think.
Cheers
ians