no takeovers for me until we get the 2P sorted out properly and a GSA to put a price floor in. Seahunt was right about an $8 GSA, we're looking at $1-2 processing cost and 0.80c well head tax on that, so $5 profit per Gj. If she's a 3TCF resource, we'll have ~630Pj to sell = 3.15Bn profit.
7.02 Bn shares and unlisted options/rights = 45cps
The Australian - NWE as takeover target, page-4
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