"I don't think that is likely (as you said BG no doubt realise...

"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)