RE:RE:A little Fun FactI agree - earnings are not key at thi stage and I have stated this this many times -- However future potential earnings and additional production (within 6 months) and the longer term with phase 4 production should be driving the price up.
The cash position growing ($120M++) and increasing significanly every quarter another positive from a takeover perspective.
PE is an unreliable iindicator but, many investors use it --- so for better or worse at 9.1 X is positive for the future and monitored by many investyors --big and samll.
The share price is simply too low mno matter how you cut it !!!! The business fundamentals are very positive and appealing using a Warren Buffet type investment approach