Beat me to it KiwiTrev!
I guess key line in their report is ' Applying historic 2P transaction multiples (which are becoming increasingly relevant, in
our view) to a 500PJ booking yields $925mn or $4.80ps' - which to me implies they are only valuing the project as gas in ground (2P)
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- Ann: Glenaras Gas Project - Pilot Production Update
Ann: Glenaras Gas Project - Pilot Production Update, page-8
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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2 | 250000 | 0.018 |
1 | 107600 | 0.017 |
1 | 60000 | 0.016 |
1 | 100000 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 141516 | 2 |
0.022 | 299999 | 1 |
0.025 | 41367 | 2 |
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0.052 | 17772 | 1 |
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