From $5 to 45.5 cents, page-39

I agree. There were some valuations showing $5 or more once offtake is signed up. Even more once BH offtake is signed and Bear paw permitted.

Am i the lone voice saying that FERC is only about 2 weeks away now (next meeting). Can't see any reason for them to hold up approval any longer. We have worked through the process and no major show stoppers were found. Probably cost us some money to comply but no reason not to permit. Does anybody know of a reason which is likely to cause a further hold up?