possible value 6:81 per share, page-21

Is your assumption of current shares on issue staying the same valid? How is the 193 million USD development costs you have used in your model going to be funded? I would have thought the only ways of funding the development costs would be a capital raising (thereby diluting the value per share downwards) or to sell the field to a bigger player (possibly Santos) who would capture some of the upside for themselves.