norwest valued at $0.10 , page-9

Having just re-read over the HVR I note the total "risked" (ie; with a 10% chance of success) to be as follows:-

HVR "Risked" Valuation

Perth Basin Unconventional: 16cps
Perth Basin Conventional: 22cps
Wessex Basin: 13cps
Cash: 1cps
Overheads: 0cps

Total: 51cps

However, the market looks at immediate prospects ... which I think SHOULD be around the 16cps mark; but Hartleys are putting a conservative value on it of 10cps with the upside of 24cps a possibility as early as September, should A2 have any kind of success.