40% evans shoal worth 350 million

250 million upfront 100 million on FID. eni purchases this stake in similar gas field next door to heron south. ENI about to drill heron. finally its all about to unfold. been long wait but it will be worth it to patient holders over the next few months. personally i see meo market cap at 300-400 million on successful drill. this is based on what ENI paid for evans shoal. this figure does not take into account any other company prospects which their is many. if tassie shoal comes off then who knows what that affect would have on market cap.