Im guessing we have no recent UK M&A activity we can use as a benchmark?
I was a little surprised by Chris Lewis mentioning the $3 Cal Energy acquisition in a presentation late last year and then mentioning $5 as a potential value for phase 1. Right now Im satisfied with $5 if they covers their share of the phase 1 capex.
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Im guessing we have no recent UK M&A activity we can use as a...
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