gotta agree with JD, your post tt2000, comparing WGO reserves with TPD reserves and arriving at 14 cents is RUBBISH in the circumstances!!
STX and TPD will be talking about the value of "cash flow" from Walyering not it's reserves because that cash flow is just about ready to go!
This all comes down to what STX is willing to pay to get that cash flow into their bank!
WGO/STX reserves at West Eregulla are in the ground and will be for a long time and millions (of dollars & thousands of man-hours) needs to be spent before a single dollar is going to be realised from those reserves !!
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- Colby's Response to STX Offer
Colby's Response to STX Offer, page-130
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