Thanks and yes, definitely looking forward to that independent assessment report. Correct me if i’m wrong but following on from your comparison, PEP11 has been assessed as a 13.2 TCF asset. http://bphenergy.com.au/portfolio/advent/index.html
BPH has a 23% stake in Advent Energy which is has an 85% stake in PEP11. Based on this, BPH has an approximate 20% stake in PEP11 which equates to 2.6 TCF.
XST has a 24% stake in Borba (which could be higher based on tomorrows material acquisition). If Borba comes back in the range of 6-10TCF, we could easily exceed the $50mil MC BPH is currently sitting imo excluding the multiple advantages explained by PP in his previous post. Look forward to tomorrow’s open and news in the coming weeks. DYOR and GLTAH. Cheers. TGF.
Thanks and yes, definitely looking forward to that independent...
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