gas prices tipped to soar!, page-37

Nervous,

You are everywhere today keeping up the good work calming and soothing everyone

Westside triggered some neuronics so I dug out this for you
for some of your CONTEXT Sauce

Westside Corporation ASX:WCL
paid A$26.8M for 51% Dawson CSG (Mitsui E&P 49%)
Finalised 5/7/10
Bought from Anglo American amd Mitsui Moura Investment
1P=60PJ, 2P=186PJ,3P=334PJ at 100%
Metrics 2P =26.8/(186x0.51)=$0.28/GJ, 3P=$0.16/GJ
2P=94PJ, 3P=170PJ

At the time that troublesome metric of 16c/GJ 3P really worried me and caused great consternation

I could only conclude it was because it was MatesRates

But now the BOW Bid is about that level isnt it ? 15c/GJ on 3P

I agree that we should all Do our own research

BOW does need one of those Mythical Creatures called the OtherBidder to enter the auction


At least the BOW board has some Gumption to take a stand and not roll-over



Cheers