Gas Price Cap, page-19

Or another way of applying the WGO takeover metrics would be to use the implied price of $2.00 per GJ to our current 2P + 2C’s = 406PJ (this is how the $2.00 per GJ is calculated for WGO by adding their 2P + 2 C’s)
This would be 406PJ x $2.00 per GJ = $812 million dollars MC or around 81cps on the same current takeover metrics as WGO. The uncertainty for COI has been caused by the government intervention and until that is sorted we drift. So for now it’s basic economics, too much supply and not enough demand, not anything sinister with the company or management.