Canacord Valuation Link
of note: "Based on the current de-watering rate we believe first gas to surface could occur in mid-September"
"Given the huge data set and consistent interaction with reserve auditors GLL are of the view that a 500PJ 2P reserve booking is likely even if only modest gas flow rates ( 0.25mnscf/d) are sustained. Applying historic 2P transaction multiples (which are becoming increasingly relevant, in our view) to a 500PJ booking yields $925mn or $4.80ps"
CG initiated coverage with buy .76c to $2.20, page-21
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