not sure if you’re referring to me or Shistonsou 30 to 40...

not sure if you’re referring to me or Shistonsou
30 to 40 valuation Is different to your initial call of $.30. I’ve been here before with wGO, many discussions on what it was worth. At the time STX shareholders were calling it a stranded asset lol the only thing I can say is that I think Comets Mahalo asset iis a lot more valuable strategically to many more people/ companies ,in addition the drilling progress Santos are making and flow results is not in any brokers valuation. I like to look at the data in detail and make some enquiries into the broker models. If for example, you assume $1 more on the realised gas price valuation goes up five cents. Similarly, assuming 15% less Wells sees valuation increased markedly. Have a look at what the flow rates are assumed in Petra’s analysis vs Santos recent results

I am comfortable with a 40 to 50 valuation, , although I accept a deal, could be struck for less . Our chairman and MD are significant shareholders and imagine would be happy with 35c -40 c a share