I went through the ENT projects and ascribed a value to each one...

I went through the ENT projects and ascribed a value to each one based on the chance of exploration success and making between 100 and 300 million $ profit depending on commodity. I came up with a value per share of between 15 and 30 cents. (Note this is not the normal way of valuing projects).

I made a lot of assumptions, a lot of interpretation and used a lot of instinct. My figures may be totally wrong and may be absolute garbage. Under no circumstances should you rely on them for invesmtent purposes. Do your own research and your own valuations.