and gas prices have doubled
So 11tcf - half for 2.5B = 0.45B/ TCF
If we have 17TCF (50% prediction) = 7.65B + price premium for NG prices. + Sasanof being a hub prospect. Could be worth 10B even.
15% stake - $1.5B
SOI at full dilution. 3.35B
SP valuation = 45c / share
Sasanof-1 Target Depth Week Stream, page-337
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