what is icn's valuation?, page-5

Just a quicky cmonaussie, was writing my previous post before I saw your latest.
Just to add to the "valuation" uncertainty, did you take into consideration that the selling price in the GSA is based upon the Singapore TAPIS oil price, which many are saying will be much more valuable than the straight price of LNG which future contracts will probably be based?

Also, already having that signed GSA will significantly expedite ICN being able to upgrade from 2C to 2P and that is the advantage that ICN has over BPT, unless BPT can use ICN having a GSA (not participating in it, just showing that it is commercially viable having a partner who does have a GSA)

That has been my point all along. Having that GSA already signed is a major "asset" and that factor must also be taken into consideration when "valuing" this company.

20 year GSAs based upon the Singapore TAPIS oil price, will be a scarcee as hens teeth and frankly, that is one reason why I have always thought that it would be in BPT's very best interests to even takeover ICN, which opportunity seems to be slipping away the closer we get to the Halifax-1 results.
Looking forward to reading further replies to your questions.