Rather than letting Chatchai get hold of valuable gas prospects for virtually nothing it would pay to have a fire sale of the assets to fellow JV (and others). WA-351-P should be worth in a fire sale $30M and WA-290-P $20M and the rest would probably bring it up to $70M. That's getting up round 30c/share.
Then let Chatchai have 100% of SFA for (UZNBUZ's figure) 50c/share.
Ann: Strategic Review, page-18
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