I thought it was 20cps valuing RPM at 55 mill or thereabouts but...

I thought it was 20cps valuing RPM at 55 mill or thereabouts but I could be wrong. Can;t remember the qgc stock thing but that doesn;t mean much.

Given the market situation you would expect the oil reserves to go for about $17-$20 per barrel. I think that is what BPT are prepared to pay for DLS in their current take over, Including Mirage, Growler, Ventura and the yet to be confirmed Tigercat discovery we have about 1.3- 1.4 mbo reserves, with the potential of upgrades at Growler.
That is 3.3cps just for the oil and then some for the assets. If the oil price continues to go up then any takeover price for the reserves could be alot higher. Our upside is in the 3d and the proving up of the western fairway.