I think Canacord suggested $4.80 p.s. for 500 PJ, not sure if...

I think Canacord suggested $4.80 p.s. for 500 PJ, not sure if it's necessarily double that for 1000 PJ, but would obviously be higher.

Of only a few broker reports i have seen on this stock, they all seem to assume the project will be sold off , and valued only as gas in ground, taking into account little or no value for the the Binding MoU with Jemena and the maturity of that parcel of work, along with the MoU with Clarke Energy.

The project in its entirety is maturing at quite a pace, and i'm not sure that over the next 3,6,12 months that further value wont be realised in terms of path to market and nearer term revenue streams (even if the project is sold off). GLL hold quite an acreage here too, so further upgrades may well be achievable beyond what is achieved later this year.

All my opinion, not investment advice!