What the hell, page-34

Whoa there g12m0. 'Nothing much in wet gas for DLS'. Yet to hold and even have a buy sentiment (for a long time if memory serves me correctly). Wow. I am really surprised you see such little potential for DLS wet gas.

STO is carrying DLS for $120 million. In just 2 permits. Fair enough you do not see that value, but DLS has approx 15mmboe 2P in wet gas, with a much larger, 40+mmboe in 3P (so close to your 50+mmbo).
The big draw card is the above numbers in no way include Vanessa or the multiple fields in PEL 101.

There is also some serious potential for PEL 103 to hold something, but that is for a later date.

Anyway, I think you are ignoring a major piece in DLS LT business plan.