....if the SC55 well is a commercial success and lets say it's got 2 Tscf (Otto talk about multi-Tscf prospects). At a netback of $1/Mscf, thats worth $2 billion NPV at 100%. Frontier's 5% of that is worth $100million and BPO's 75% of Frontier is worth $75million.
that's 5c/share for BPO.
Ann: Response to ASX Query , page-3
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