Thanks Benbenben, clearly you are right.
However if you add 6% more on MMR 's interest, you can work out if PEP11 succeed MMR worth $10+ 10* 6/43) = $11.5
You invest 10k taday, you still make 60k less profit than BPH.
If no commercial gas found--the most likely case.
MMR loses more than 30--42% than BPH.
cheers
1 mmr=5 bph = market is crazy, page-13
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