reserves report, page-6

An whats going be a fair offer AMU
some rough calcs
2p Gas $2mmcf =$20m
2p Oil@30bbl =$300m

other assets TNT engineering+exploration grounds
======== $20m

so say the have a very low total fair assets value of ========= 340mill less debt 40mill

============= 300mill?? which seems crazy with the current Market cap only $72mill so no wonder there's Bidders keen even if they had to pay 50c they would still be getting the assets cheap

Might have to buy some more