what is icn's valuation?, page-31

I may need to become more specific in posting style Gassed - LOL - as what I mean by "peer group" relates to company peer group (either by location, production, etc) and not poster peer group.

Got a busy day ahead for me. Just a quick comment though on "theoretical" versus actual. My experience tells me its a "look ahead" market (I used 12 months typically) and discount/premium back to justify the business. Even when actual results occur - whether flow tests or Qtrly earnings - there is always "guidance" being issued by the company which is in of itself "theoretical" - and that has gotten lots of companies into trouble (especially in the tech sector).

Still would be very surprised if the gas was "gone" from Halifax. The empirical evidence suggests we are in the right place (realize its SA data and 855 in QLD)

http://www.pir.sa.gov.au/__data/assets/pdf_file/0017/171413/204253-027.pdf

http://www.pir.sa.gov.au/__data/assets/pdf_file/0003/176403/204253-051.pdf

and BPT preso at APPEA12
http://mdpublic.com/APPEA12/files/110919-03/files/110919-03-presentation_file.pdf




How the news is delivered to the market......yep Gassed that was a balls up - by them not you :-)


Later - maybe I come back after a hard days work to a great announcement?