Exactly, But I think $1 billion is based on 1 TCF, if it's 3.8 TCf, it could be $3.8 billions or even higher.
$1.1 billion = 275.5p
Cash Position = 12p
On 1 TCF Gas Discovery, NPV (P per Share) = 288p/share (including cash position)
and again, institution increased their holding, page-7
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