The Market you are talking about is the ASX .That Market is...

The Market you are talking about is the ASX .
That Market is greatly disappointed by the fact that the business has not performed anywhere near as well as the host of paid for Analysts predicted .
That Market clearly thinks the share is a dog .
All present share holders are under water and after averaging down many are stale and won't do it again .
Any increase in share price is sold into .
The latest disappointment has caused capitulation .
Disappointed share holders expecting a Montney monetization sale or joint venture .

CE1 will be selling to Canadians much more familiar with the assets without the the negative factors above .
Time will tell but I think your assessment that half the present market cap for Blackspur being a good result for CE1 is far too low and the value for the Montney will increase as more gas is required for the lng plants on the way .

You said that the a sale of the Blackspur asset at half the market price would be an attractive sale or am I mistaken .
If I am putting words into your mouth you did not say then I apologize .