Even with the same data one can draw different conclusions. Its what makes the business interesting and exciting (both the up and down rides)
When Afren acquired EAX last year, the prospective resource was 3 bil barrels, we are talking about 5 bil barrels. That deal was done at $110 mil, on those metrics then WHN with it's larger prospective resource would come in at +$180 mil or more than twice the current MC!
overvalued 100% target 3.2c , page-3
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