you need to discount that over ten years to get NPV, don't you, but even so, at PE of 10 it looks like a valuation of next to $1 per share, then with upgrades over ten years to double the quantity of gas (allowing that a lot of the upgrades will accrue 100% to CTP...eventually north of 2$ (all being very very conservative, ) but anyway, looking like a Disallowed over the next 2 - 3 years. Or have I got it wrong?
Bobham
Add to My Watchlist
What is My Watchlist?
