Hi Value21I think you are right in that the fundamentals are not...

Hi Value21

I think you are right in that the fundamentals are not reflective in the SP, although like Oil & Gas said using different valuation approaches yields different answers as to which Cooper Basin player is "Better"

Based on numbers alone BPT wins that argument.

But acerage quality and relationships with bigger players also comes into it.

I disagree re: Dividends

IMO SXY shouldn't pay dividends until we are 100% on the deliver-ability of its Cooper Basin Gas and also the price we would get if it is profitable to take out of the ground.