this company any good?, page-28

"I don't think that is likely (as you said BG no doubt realise now they overpaid), but BOW went for 15c/GJ for the same sort of ground as WCL has, so that might be a more relevant comparison. Funnily enough that would value WCL at $130M which is exactly its current MC."

Might be relevant if BOW had infrastructure, or anywhere near being able to sign a gas deal...which they were no where near, and the fact these plants are 3 years closer to completion, and needing gas contracts.

Big difference compared to when BOW was sold.

30c/GJ is more like it. (since hype has deflated)