Hi Auto,
Thank you for compliment and also the suggestion TAP is undervalued (and possibly under appreciated) - definitely been worth my time doing the research.
There is always subjectivity involved when sticking your neck out to put a value on something. Obviously higher "prospectivity" should be worth something - but when there is so much ground around those that can point to "discovery" hae true value - and I guess the best place to find more HC is next to where HC have been discovered - so I take the point - and I did give Bianchi same as Zola - up to Mgmt to convince the buyer on prospectivity.
Same goes for Manora $/2PBO multiple..... which I haven't looked at in depth (I already have a Gulf Thailand company that is doing really well - so like the area).
GLTA
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