True value, page-3

All governments have sovereign risk, think pink bats and mining taxes as an example. I think the only way value will be crystallized is via a takeover. When? You would assume Perliya has inside knowledge and would bid at a choke point before value increases again due to techinal or commissioning risk dropping.

but then Mr Creasey wouldn't sell at a sub value level. So any bid would see Perliya starting any bid at 40%.

summary - ask Mr Creasey what he would sell at