Now, forget holding the stock for the next 6 years, and only look as if you're looking at a window of time of 1 year. Factor in the possibility that PTSC might earn 60M in that year, and $20M the next, and instead provide you with a dividend of 8 cents in your particular investment time frame. In that case, what is the "market price" for THOSE shares. Seems like they'd be quite a bit higher?....Agreed..But extremely difficult to forecast future revenue and unlikely PTSC/TPL would provide visibility. - Maybe now, but under parameters noted, should be much easier once underway.As such, visibility of some sort should be doable....Comment: Per Rummy: "There is the What we know and What we don't Know, followed by the What we don't Know We don't Know"....Too many variables..Economic Risk. Political Risk..BOD/DL Risk. Add: How BIG is the Universe?, er List of infringers??..This may directly influence the Market's assessment of the SP at any given time. As years go by, these risks should dwindle.