A bit too conservative, probably. I would double the $1 Gj...

A bit too conservative, probably. I would double the $1 Gj figure and still think it quite conservative,(so gas-in-ground $400M ?[close to 90c/ share] at least well north of 50c per share NPV right now, counting in risks, much more if things go well over next two years? because we are talking about recovery over just a few years) and with nothing for the other possibilities of further development of existing producing fields (the current flows of gas must come from somewhere deeper ?), and also relatively undrilled fields, such as Wiso, nearby helium etc. With regard to helium, a recent conference speaker from a US major talked about a trend to mini and micro fields and processing plant in gas fields. One would assume Mac know all this already and are not so dumb as to expect these shareholders to roll over. Maybe a longer game is afoot? We'll know more when we see an offer.