question for anatol, page-2

Snippets from Peter Strachan:

"EPG could realistically distribute all of its profits to shareholders, so by 2019 $14.5 million of after tax income
could translate to 19 cents per share of distribution, which even on a 7% yield multiple would imply a share value of $2.71 in that year or $1.57 per share if discounted at 8% pa back to today’s value." - existing discoveries only, 01AUG

"Discovery of 30 mmbbls of oil at Ungani North would add about 34 cents per share to the valuation of European Gas, virtually underpinning its current market capitalisation before considering the value of any other discovery made so far." - 14NOV

"Owns 2% gross wellhead royalty over Ungani & Valhalla/Paradise representing value of $1 to $4 per share, plus 26% of European Gas CSG company: Buy." - 14FEB