reasons for a bounce, page-54

I think you make a good point. One of the few times we can compare apples with apples. The Devon purchase was done at about $3.50 / 1P and it has been suggested on the forum 1P may have a $2.50 value at the moment (who knows) .
The IRR seems, due to the current gas prices, to be the worst case scenariofor the reserve.
I still think the coy has value - the real issue for me is the financing and cash for the short term. Sort the finance out and take pressure off the sales process and the dynamics change.