I’d expect probably a circa 30% return on the gas project they are proposing, but the hidden value is how much oil they’ve got sitting in the Perth basin, we will find out in the next few months when the results of NE-2 are released, still I expect MIN will be making a few hundred million in profits from the oil/gas deposits they have in a few years time.
Ann: Lockyer-5 gas development well update, page-22
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