done its 50 percent retrace, page-23

Wouldn't Santos just be better paying 150 mil for the whole lot say a 50 to 60 cent offer. If they have learn't anything from the failed QCG takeover the could have paid a premiumn and could have come out a huge winner instead of looking like they dropped the ball. You would think a valuable lesson especially when you talk about a 4 bill + resource very cheap even at that price along with quite a few other tenements.