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some of the cheapest Australian shale and oil plays have market caps around the $30-40M level in areas with poor infrastructure in the middle of nowhere.QPN's ground is in an area of Indonesia with existing pipelines,gassification plants and other essential infrastructure.Add to that good connections and good technical expertise and management and I am surprised it has taken this long for the penny to drop for most people.IMHO QPN is going to be moving up a lot higher in price when the mainstream press in Australia realize the situation and do some sums.
To compare look at LKO MC $42M
BKP MC $33M
CTP MC $131M