Listed Investment Companies (LICs) trade around their NTA, some at a premium (eg ARG, MLT) and some (like LRF) at a discount.The PE isn't really relevant for these type of companies.
MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales