new value of shale gas permits, page-10

Oppie, can't see that that is a speculative number. That's what it is and that is just for 855 interest. Nil for 218 interest or for the 2 GSA's.
Yes, all that has been missing for ICN has been credibility.
The market has now got that in spades with the BPT j/v, so, can see a complete re-rating when those that count do their numbers. May not be tomorrow, but, can't ignore the new facts for too long. Can definitely see BPT taking a position in ICN and must buy on market. That will reinforce SP. Enjoy.