So to clarify, the price just dropped 20% because there is now uncertainty as to whether GAS owns 60, 80 or 100% of an unknown quantity of gas of unknown commercial value. And the reason why the other party agreed to the original 20% sale, which is now in question given conflict over an understanding that they failed to get in writing, is because they couldnt cover their own costs of the drill. Buy. Or better still, buy TEG which is trading under its GAS holding value.
Ann: Update on Increase of Interest in PL 231, page-10
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