Strike - undervalued despite company-making announcement, page-174

yep, i only copied part of the sheet. but you can guess the rest. I assumed 20 years of production - total. Gas price? - i escalated to try and capture some of it getting export pricing. 2.3B is Shares On Issue, so the punters can do a quick per share calc. I missed tax, D&A, and decommissioning. Its rough, but Im interested in ball park anyway, and I think i have illustrated the point I was trying to make.

Let me ask you this. How much did Mitsui really pay for awe's PB gas assets? How much money are Mitsui making out of them now? How much more money will they make on the rest of the PB assets they acquired? But at the time of offer, the three blind board mice were falling over themselves to give it to them, and the lemmings followed.












0.