He's said he values it around 50c (nearly 3x current market price).
Currently Macq think they can get it for 17.5c, and I'm sure they've got a bunch of dirty tricks up their sleeve if they want to use them.
If we fight them off and the oil price goes back up a bit, we'll have a good chance at 60c or even 80c+ within the next couple of years, but until then he's being fairly reasonable.
