new offer likely

Mnt

I agree with Wilsons! Undervalued! I can't believe that last year PES was fought for so aggressively and achieved a final metric of closer to $2.00/GJ 2P and now the start of the sector in terms of "local" companies is being offered less than $1.00/GJ 2P!!! Bizarre given Shell paid more like $2.70/GJ when they bought into AOE originally.

We are being "played" here by the international majors who will reap huge benefits by acquiring our CSG assets. The price has to be $6.50 at a minmum and closer to $7.50 would be what shareholders should expect!

H