Did we ever work it out what the possible 30% interest in CNE...

Did we ever work it out what the possible 30% interest in CNE was?

Was it 30% of 40% which is 12% BP/28% CNE
or 30% of the 40% being 75% 30%BP/10%CNE

To be valued at $600m for 75%, then the full 100% of CNE `s 40% has a value of $800m.

40%= $800m BP/$600/CNE $200
15% = $300m FAR ($415m MC approx) 7.7c / $300 MC about 6c)
10% = $200m Petro
35%= $700m COP/WPL

Project value $2b

12% = $600m BP
28% =$1.4B CNE
15% =$750m FAR ($415m MC approx 7.7c / $750 MC about 13c)
10% = $500m PETRO
35% =$1.75b COP/WPL

Project value $5b

Hope I have done that correct, as one figure is very underpriced.