pep 11 comparative values at 2 november 2010, page-7

Nice going DDzx ... BPH don't own 27% yet , when they do the MC will be about 12m x $1.60 more , closer to $60m . Could you rework it with the 20% stake perhaps or add the new theoretical MC . It might be more realistic if you use a projected field value of say $1b . That might be more accurate short term on success and you must remember there will be plenty of dilution coming in the Advent float etc. on the way to the billions .

Buy should follow this rally IMO as this coming deal represents a valuation of the project .