GLTAH.
Given NZO and COE paid about $1/PJe for 2P reserves in the farmout, a 61.5 PJ mean estimate net to central implies a potential share price of 20c.
That price excludes any associated increases in production from Dingo or Palm Valley, nor the gains from lower pipeline costs ($1 - $1.50 TJ) that AMGP will bring in the future if the JV can get to 80TJ/d to meet the AMGP FID requirements.
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