market cap calc, page-8

T4P, I went back to your post on 31/7 9.56 for some of the metrics you quoted:

"In my view, Killiwani North gas should be commanding at least $1-$1.50/mcf on an in-ground value basis given its high flow rates, potential field size, likely upside via surrounding prospects and of course proximity to existing infrastructure."

Using the $1/mcf, I get $1.16/s for KEY based on a 500 BCF field. For $1.50/mcf, $1.74/s for 500 BCF. I have ignored current and future cash from converted options, just because it gets spent. Once we get some more numbers from KEY management, it will be interesting to see what the broader market thinks.