A billion dollar company has a nice ring to it Vcj particularly given the current price, but the various unrisked broker values show the success case for Block 120 alone to be over $4 per share so who knows maybe a 2-3 billion company down the track with a commercial find.
At least we will know the outcomes relatively quickly given both targets are conventional unlike those painfully long shale plays.
NEN Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held