when did he say that? What I heard is that we are trading at less than 5% of what the Perth basin value is. Given those companies are producing (some of them are), have 3D, contingent resource, prospective resources, gas sales agreement etc and are generally significantly more advanced than we are. So not sure how any can compare us with Perth basin to determine "our true present value" as you have quoted him of saying. Maybe it's 5% of our potential future value but certainly not present value.
Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-740
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