....and they're off, page-7

re: comparing gas stocks.. following on the reserve valuation theme from av
QGC website, Wilson broker rpt 19-05-05, they use a valuation of $0.8mil per BCF of 1P recoverable gas in place and $0.4mil for 2P (indicating a 50% confidence level for 2P)
So thats
121 bcf 1P / $0.8mil = $97mil
202 bcf 2P / $0.4mil = $80mil
Total 177 mil or 47cps
As av said.QGC have loads of exploration potential, and QGC could easily prove up more reserves but getting production online is more important atm