Ann: Sugarloaf Production Update , page-40

hes talking sp to sp i think.

my belief is eka price is simple speculation on a more then likely TO offer from someone looking to get into the play.

On price alone EKA is a simple and easy proposition for someone, on value its expensive .

4:1 to AUT is old valuation prior to all the Longhorn asset under the AUt umbrella.

IMO EKA should be 1:6 possibly stretching to 1:7 against AUT. Others will disagree. but thats my 2c worth