You think down from $A1 per share to 40c.
40c would be the bottom of the range based on my estimates. I am still hoping for $A1.20 if 20 Tscf is confirmed from the 3D seismic results, and so 40c would correspond to about 7 Tscf.
If you believe the whole of Mukuyu is only worth 40c, what value would you place on a successful well test?
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Phone conversation with Scott - Jan 12th 2023., page-484
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